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Updated over 6 years ago on . Most recent reply

User Stats

35
Posts
9
Votes
Pierce Lovesee
  • Rental Property Investor
  • Oklahoma City, OK
9
Votes |
35
Posts

Do tenants need to sign a new lease after deeding to an LLC?

Pierce Lovesee
  • Rental Property Investor
  • Oklahoma City, OK
Posted

Quick questions. I have several different properties that I just deeded to new LLCs. The existing tenants all have leases with me as landlord and owner of the property (Pierce Lovesee, a single person). Now that the property is owned by the LLC, do I need to bug/confuse the tenants with having them sign a new lease with the LLCs? Would an addendum to the lease suffice? Or is it not necessary at all and I can just up date the leases with the LLC information at the time of renewal? I appreciate the help!

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