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Updated about 6 years ago on . Most recent reply
Taking over a current lease
Reaching out for some advice. I just bought my first duplex (YAY!) . There are currently two set of tenants occupying the duplex and I am taking over their current lease. Is there a formal letter/format of a form that I should send to them introducing myself and my contact information that someone could share. Or is it ok to create my own? I did reach out to a lawyer, but would love to avoid the high price he quoted. Thanks.
Mandi DeGroot
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- Greer, SC
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#1 Short-Term & Vacation Rental Discussions Contributor
- Investor
- Greer, SC
When this happens I just send a simple letter letting them know I am their new landlord and give them my contact info and rent payment instructions.
You could ask to meet if you want or to do a quick check of the property to see if their is any maintenance that needs to be done etc.
Doesn't need to be anything fancy.