Updated 7 months ago on . Most recent reply
Lease Transfering Procedure
Hello Bigger Pockets Community,
I have a Tennant looking to move out in May and she wants to have a family member take over her lease. What is the procedure for transferring a lease to someone else? Will I need to write up a new contract or is it a matter of amending the current lease. Please let me know what steps need to be taken. Thank you very much!
Most Popular Reply
Drew Sygit
#3 All Forums Contributor
Agent
Property Manager
Pro Member
#3 All Forums Contributor
- Property Manager
- Royal Oak, MI
- 6,822
- Votes |
- 10,002
- Posts
Drew Sygit
#3 All Forums Contributor
Agent
Property Manager
Pro Member
#3 All Forums Contributor
- Property Manager
- Royal Oak, MI
@Brice Alef-Torrisi it's a legal mess to transfer a lease to another tenant!
Ask any attorney, they will tell you just start a NEW lease.
Be sure to screen the new tenant(s)!
- Drew Sygit
- [email protected]
- 248-209-6824
Logical Property Management
142 Reviews
4.9 stars