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General Landlording & Rental Properties

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Patrick Bross
  • Investor
  • Mount Pleasant, SC
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Long Term Leases Tenants and Owner Occupied Duplex

Patrick Bross
  • Investor
  • Mount Pleasant, SC
Posted Oct 13 2014, 14:07

Hey everyone,

I am a newbie so go easy on me if this is old hat.  Quick question on whether a tenant lease can be broken if the property is acquired and the new owner wants to owner occupy.

For example, I buy a duplex using FHA financing that currently has two tenants with leases until August 2015. If I wanted to owner occupy (which I must), is there any way to remove one of the tenants legally? Is there a way to bypass the lease agreement?

If location makes the difference, my question pertains to Charleston, SC.

Thank you!!

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