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Updated over 10 years ago on . Most recent reply

User Stats

5
Posts
3
Votes
Tommy Andrade
  • Biddeford, ME
3
Votes |
5
Posts

New lease when buying with existing tenants

Tommy Andrade
  • Biddeford, ME
Posted

Hello. 

Im looking to buy my first 3unit home. Its currently fully rented. One of the tenats expressed her intentions to move out if a new owner wants to occupy a unit. Im planning on letting her stay 60 days after the possible closing day hoping everything goes alright with purchase.

My question is can i honor and endorse current leases? like put my name on each sheet and add a note that states who i am... Just an idea. 

Or is it legal to use current leases content just changing my name and dates, print it out and have them signed?

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