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Updated about 5 years ago on . Most recent reply

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43
Posts
9
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Brianna M.
  • Rental Property Investor
  • Los Angeles, CA
9
Votes |
43
Posts

What to do about existing lease when buying a home with a tenant

Brianna M.
  • Rental Property Investor
  • Los Angeles, CA
Posted

The house is currently managed by a property management company. I want to keep the tenant and the tenant wants to stay until their lease ends in 2021. Do I need to have them sign a new lease? Or will the previous one carry over to me?

Most Popular Reply

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3,505
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3,251
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John Teachout
  • Rental Property Investor
  • Concord, GA
3,251
Votes |
3,505
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John Teachout
  • Rental Property Investor
  • Concord, GA
Replied
The existing lease remains valid until it expires or they violate or break it.

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