LLC Title Transfer - Tenant Notification

[Sam Runge]

Hi BP!

I am a new investor with my house hack duplex. I am currently in the process of transferring the title to my LLC of which I am he sole owner/operator. I have longterm tenants in the other unit. The tenants have been paying rent through Cozy.com going into my business account. I'm looking for guidance on what people recommend when dealing with notifying the tenants of this change. I was planning to formally send them a notification explaining it. Is this necessary? Do I need to create a new lease agreement (same agreement just the LLC would be the owner)? Do I not need to do anything?

Thanks in advance!