Submetering notice or wait until lease renewal?

[John Beck]

I am in contract  to purchase an MHP (on public utilities). They are currently getting all the water they want, for free as part of their lot rent.

If we submeter, depending on what's written into the current lease, we may have to wait until renewal time, to start billing them directly for water and sewer?

Has anyone else already dealt with this scenario?

[Chris Ebert]

@John Beck, are the leases longer than month-to-month? Either way, you should have tenants sign new leases before you close, eliminating any contract issues.