Options with Section 8 Tenant already in place

[Brian Mendez]

Hello Everyone. I am about two weeks away from closing on my first investment property. It is a duplex in Passaic County, New Jersey. One of the apartments will be vacant by the time of closing, which is the one I will be moving into. The other apartment is currently rented out to a tenant on a section 8 voucher or Housing Assistance Program. I am not opposed to keeping the tenant, but I want to make sure I do my due diligence. I am more concerned about the process to take over and receive the payments from the Housing Assistance Program. What must I do as the buyer? Is it the seller's responsibility to initiate this process? I have tried to contact the county's Housing office, but have been unable to reach anyone. If the current landlord does not notify section 8, will he continue to receive the rent payments? I don't want to be in a situation where I am not receiving rent for this section 8 tenant, only because this change of ownership is overlooked and the appropriate actions were not taken. I don't want to stall the closing, but it is a big concern, if I am inheriting this tenant. Any suggestions or advice would be greatly appreciated.

[Reynaldo Rodriguez]

@Brian Mendez get in touch with the office and provide them proof of purchase and tenant information. Process shouldn’t take long but you definitely have to be on top of them. Had to do the same with a property I just purchase in Passaic county as well.