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Updated almost 5 years ago on . Most recent reply

User Stats

19
Posts
6
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Shawn Burns
  • Realtor
  • New London, CT
6
Votes |
19
Posts

Terminating Month to Month Lease

Shawn Burns
  • Realtor
  • New London, CT
Posted

Hello BP,

I am a rookie landlord looking for some advice. In about a month I plan on closing on a duplex which I am going to use as a house hack. Both units are occupied with tenants on month to month leases and I want to move into the upstairs unit since it need some rehab work.

How and when should I communicate with that tenant that I will not be renewing her lease?

Thanks for the help!

-Shawn

Most Popular Reply

User Stats

9
Posts
8
Votes
Colin O'Neill
  • Rental Property Investor
  • Milwaukee, WI
8
Votes |
9
Posts
Colin O'Neill
  • Rental Property Investor
  • Milwaukee, WI
Replied

Are you going to have a place to stay until they vacate? One option is having the seller give the tenant the notice that they will not be renewing their lease (with proper time of notice). Another option if you have somewhere to stay for the time being is to contact the tenant as soon as you close and let them know that you plan on not renewing their lease and let them know of your plans of moving in to occupy. 

  • Colin O'Neill
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