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Updated over 6 years ago,
Is a new lease needed? - I'm taking over properties w/ tenants
I'm set to close soon on properties with tenants. I've been provided by the seller what appears to be solid leases.
What're some best practices in this type of transition?
- Does my new lease with my company's info have to mirror their terms? Will my new lease be simply a "company name change exercise?"
- What terms can I change?
- What terms can't I change?