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Updated over 6 years ago,
Bought a multi with tenants, need a new lease before removing?
I just closed on a 4 plex that came with 3 tenants. They have a lease with the previous owner but it’s already expired. In Michigan, it defaults to Month to Month. I was going to issue a 60 days notice to 2 of the tenants but someone in my circle told me that I needed to sign them to new leases in my name before I can issue a notice to vacate.
Is that true? And if it is, am I able to sign a new lease and issue a 60 days notice simultaneously?