Respectfully terminating a Tenant at will

[Clifford Sargento]

Hi All!

Just entering the rental business property and my parents are allowing me to use their properties to grow.

They have a property that they have been renting to tenants with no contract for close to 10 years. These folks take care of the property and are good people. However, my parents have graciously allowed them to pay under current market rent value which may be around $2000 a month upon my research. My questions are:

- is it right/ should I ask them to vacate so I can get new renters to pay the market value

- if the answer is yes to the above how do I respectfully and legally ask tenants to vacate? I would give them plenty of time to find another housing situation. My expectation would for them to vacate in May of 2023 (today October 2022). 

Thanks guys!