Quick question, all my lots are on 30 day leases and I gave everyone notices that I'm increasing the lot rent with one notice at 60 and one at 30 day. Lot increase takes effect Oct 1st and I'm wondering if the notices are sufficient or do I need to have them resign an updated copy of the lease or just have them sign off on the notice. MHP is in Indiana if that makes a difference.
Thanks in advance
@Omar C. It depends on the landlord tenant laws in your area. Check the property code for your state and/or confirm with an attorney versed in this area of real estate investing. Good luck!