Lease question - first time landlord
Hi all - first time landlord here. My wife and I just bought and moved into a duplex where the 2nd unit was already occupied with tenants. They were on a month to month lease with the previous owner. My question is should I/Can I have the tenants sign a new lease agreement and would it supersede the old one? I know existing lease agreements remain in effect for the length of their term when buying a house but the month to month thing is throwing me off. Essentially we would keep the terms the same but specify a move out date a few months from now so my wife and I can move into their unit and renovate