Transferring lease in my name

[Mandar A.]

Hello,

I am in the process of buying my first rental property. The property already has a renter and his current lease is until the end of the year. I have not closed yet. But I wanted  to know if someone can explain what is the process to transfer lease in my name. Does this typically happen at the time of closing and will the closing lawyer take care of this?

Thanks,

Mandar