Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

8
Posts
3
Votes
Daniel Leathers
  • Investor
  • Los Angeles, CA
3
Votes |
8
Posts

New Property with Existing Tenants

Daniel Leathers
  • Investor
  • Los Angeles, CA
Posted

Hello, 

My wife and I just purchased a duplex in the very tenant-friendly City of Los Angeles. One of the units has existing tenants who indicate they want to remain in their unit for the long haul. We have the signed estoppel stating that 1) they did not put down a security deposit and 2) the water & sewage is paid by the landlord. 

When we signed the new lease agreement can we legally stipulate that:

 1) the tenants need to pay and extra $200 per month for 7 months so that we have a deposit?

2) can we charge an amount separate from the rent to offset the cost of the water & sewage?

Thank you for your time and consideration.

  • Daniel Leathers
  • Most Popular Reply

    User Stats

    55
    Posts
    47
    Votes
    Michael Gefvert
    • Attorney
    • Columbus, OH
    47
    Votes |
    55
    Posts
    Michael Gefvert
    • Attorney
    • Columbus, OH
    Replied

    These are questions you should ask a California real estate attorney.  You could try your local bar association or area real estate investors meetings for recommendations.

    Loading replies...