All Forum Posts by: Trischa Scott

@Corina Eufinger

Wow thank you so much or the reply. I wish I had seen it prior to dropping off the letter! I guess I'll have to provide another letter with notice to vacate now.

Another question I had, the current lease in place is obviously under the previous owner's details. Would it be beneficial for me to re-draft a lease with MY details or will the current lease suffice under the understanding that I am the new owner.

@Matthew Abrahamzon

Thank you! That's what I figured I should do. I think I'm going to send a modified letter outlining our contact details and rent payments etc. Then follow up with a Notice to Vacate.

Do you have any suggestions for good resources for land lords in Wisconsin. Have been having difficulty trying to find forms etc. So far I've found Wisconsin Legal Blank printing which has a lot of pre-made forms.

I really appreciate the advice about re-financing!

Hi All,

I've just purchased a duplex using an FHA loan. The MTM tenant downstairs was notified by previous owners during the process of the sale that they will be required to vacate the property (JULY 31). I know this because we originally wanted for them to vacate property mid July in order for repairs to be completed prior to owner occupancy in August.

I am in the process of writing introductory letters, however, I'm not sure whether to address this in the introductory letter and follow up with an official notice to vacate -OR- write the letter with the same verbage used in the upper tenant's introductory letter with no mention of the last date of the rental and follow up with official notice to vacate.  I've copied and pasted what I wrote to the upper tenant's introductory letter. Also, the property is in Wisconsin if that has any bearing.

Thank you in advance for any advice!

Dear Tenant

RE: CHANGE OF OWNERSHIP

We wanted to take this opportunity to introduce ourselves. As you may be aware, your unit was purchased by us on May 10, 2017. We sincerely appreciate your assistance and patience during the inspection and appraisals that were necessary to complete the purchase.

The lease you signed will remain in effect. The change in ownership will not affect any of the terms. Your rent is current until May 31, 2017. Moving forward, however, all payments, maintenance requests and correspondence shall be addressed to the below contact details.