Didn’t get a complete estoppel agreement

[Britt Fera]

Needing some expertise! Just bought our first place with inherited tenants. We got a very small estoppel agreement with the confirmed rent amount and that there was no deposit on a one pager. We have no information /background check/income/credit etc. from the seller. The yearly lease expires at the end of the month and we need to conduct a meeting on renewal.

How do we proceed for a renewal? Do we/and should we also require a they fill out a background check and credit check (and ask them to pay for it) even though it’s a renewal? TIA!

[Bill B.]

Just a hint for next time. 

You can save some replies by putting them all in one…

Thanks @Britt Fera good idea

I’ll do that @bill Brandt

I appreciate the help @user1 

What do you think of this idea @user2 

Etc etc.