Is New Lease Necessary with Inherited Tenants?

[Nick Sheveland]

When purchasing a small MF in Texas, Round Rock / Williamson County to be exact is it necessary to write up a new lease agreement with inherited tenants or do you just take ownership of their current lease? I know you can't change the terms on the lease as far as rent amount, length of the lease, etc.. I'm just talking about swapping the new owners name with the previous owner. Is it a Must to rewrite the lease agreement?