The lease you put in place with said tenant will transfer over to the new owner and then it will be up to them on how to proceed (renew another lease or not to, simple as that).

My tenants are not quite halfway through their 1 year lease, and they’re asking for me to sign a lease renewal already, but want me to agree to another 1 year contract, instead of the month-to-month our lease will convert to at that time.

I’ve given him 60 days notice of non renewal when only 30 is required in PA. 2 months left on 1 year lease. 

I would send them a notice that there lease will not be renewed when it expires.

If they renew, that extra cash/repair funds! 

If so you can renew then. 

I found out recently that my tenants are not renewing their lease and will be moving out August 1st.

I am, I used to be strict that lease renewals needed to be at least a year and was a fan of 2 year leases. 

I feel the pritzker eviction ban is in a way very similar to rent control (taking control of private property) especially now that they just renewed it even AFTER a vaccine.

His lease is coming due within a couple months and I’m stuck on deciding if I should renew a month to month lease or letting him go because I do not want to renew an annual term even if he can pay in advance.