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Updated over 11 years ago,

User Stats

159
Posts
6
Votes
Taylor Green
  • Vancouver
6
Votes |
159
Posts

Buying first property with existing tenants in place..

Taylor Green
  • Vancouver
Posted

Hi, I am about to close on my first rental property and it has a tenant under lease until Jan. 2015. My questions are: 1) do I have to write a new lease agreement or can the existing agreement stay in place. 2) can the rent checks be made out to my company even though i purchased the home under my own name. 3) if i can keep the same lease, do i need to present them with a document, or just inform them of where to send the check? 4)do I have to register the property with county or anything along those lines? Thanks...

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