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Updated over 5 years ago on . Most recent reply

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Lex Phumirat
  • Loma Linda, CA
8
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34
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5 year lease is over

Lex Phumirat
  • Loma Linda, CA
Posted

Need a little help with understanding Evictions and leases.   

I'm closing on a duplex in Redlands Ca.  There is currently a tenant in one of the duplexes. He's been there for 5 years, but his lease is up in about 2 months. 

I want a brand new tenant in there because the current rent is below market. 

My question is, 

when his lease is up, does he just leave? Does he have the right to stay on a month to month?

Do I have to give him a notice first that I'm not going to renew his lease once his current one is over?

I have a 60-day notice to Vacate form, but not sure when to give it to him or when will that take effect.  Since he only has 2 months left do I give it to him right away or do I give that to him once his lease is over meaning he'll have 2 more months in the property?

thanks in advance.  

Most Popular Reply

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1,055
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Kenny Dahill
  • Investor
  • Tempe, AZ
730
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1,055
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Kenny Dahill
  • Investor
  • Tempe, AZ
Replied

Hi @Lex Phumirat.  It's important to read and understand the existing lease.  The lease should state their requirements for notice as well as yours but if nothing occurs then almost every lease transitions to a month-to-month.


Have you consider bumping their rents?  People hate to move.  I would have that conversation with them first because if they're willing to accept then you just eliminated vacancy risk.  Which is huge.

I would simply send a letter notifying you are the new landlord, their lease expiration date and then state the new rent.  Let them decide to accept or reject.

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