Updated almost 10 years ago on . Most recent reply
Section 8 Question
Hi all,
I just purchased a duplex that is fully occupied and the tenant in the lower unit is a Section 8 tenant. Before closing on the property, the previous landlord showed me the rents and she received $425 from the state and the tenant paid $300 per month. She did not have a lease agreement however so I am implementing mine tonight with the tenant. I have never rented to a Section 8 tenant before so I was wondering how to write up the payment terms and monthly rent. I'm assuming I would state that owes $725 monthly? Thanks in advance for the help..
Rob