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Updated about 5 years ago on . Most recent reply

Bought Triplex w/ 1 tenant. New lease?
So we finally closed on our Triplex. (What a journey that was!)
There is a tenant in one of the units and their lease isn't up until October. The previous owners used a PM company to manage the property. I know we have to honor the lease but do we have to redraft a lease with us as the new Landlords to be legally binding?
Thanks in advance for the help.