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General Landlording & Rental Properties

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Shawn M.
  • Investor
  • New Haven, CT
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3 roommates on lease, 1 leaving

Shawn M.
  • Investor
  • New Haven, CT
Posted Apr 29 2014, 09:46

I'm a property owner and I have a lease with 3 roommates on it. One roommate will be leaving at the end of the term. She has found someone to replace her on the lease because the 2 others want to stay.

My question is should I do an entire new lease with the 2 old & 1 new names on it.

or Keep the existing lease and make an addendum that replaces old roommate with new roommate?

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