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Inherited Tenants and Month to Month
Happy Monday BP,
I purchased a 3 family last August in Westerly Rhode Island which I inherited 2 tenants off of. Each of the leases that I took over have been fulfilled and have moved to month to month. I would like to keep them month to month but get them on my lease.
Is it as simple as filling out the new lease as a month long contract and the new lease rules are in place? Anything I'm not thinking of?
Thanks,
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Originally posted by @Greg Dowdell:
Happy Monday BP,
I purchased a 3 family last August in Westerly Rhode Island which I inherited 2 tenants off of. Each of the leases that I took over have been fulfilled and have moved to month to month. I would like to keep them month to month but get them on my lease.
Is it as simple as filling out the new lease as a month long contract and the new lease rules are in place? Anything I'm not thinking of?
Thanks,
More or less yes. Just tell them you want them to sign a new month to month lease, most tenants oblige with this request. If it becomes an issue & they won't sign you can serve them with a 30 day notice if you want to take it that far.