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Updated over 2 years ago,
Existing tenant wont sign new lease
Purchased a condo at short sale. Existing tenant is long term tenant. Seller was a disaster, so do not have a ton of background info. Their original lease expired and they were month to month with no security deposit when I bought it.
After I closed I sent them a cover letter introducing myself, and a lease to sign for September 1st. Now I am chasing them for the lease and the rent. Was considering just serving 14 day notice to quit, but would it even apply if I do not have a lease in place with them? Was also thinking of 30 day notice to quote to just get them out - can make a good amount more in rent per month if I update the place and paint it.
Any thoughts appreciated.......Thank you