New lease Contract with inheriting tenants?

[Arby Gharibian]

Hi PB, 

Do I need to have my own contracts with inheriting tenants? If I buy a new property with inheriting tenants that have already leases contracts in place with original owner, Do I need to have my own lease contracts or I can just use those as long as I have Estoppels Certificate signed by them?

Thank you.

[Arby Gharibian]

Hi Lawrence, It is in LA county actually, so it certainly helps. Yes the leases are expired and on month to month now. I may keep it for now and renew them with my own later this year. Thanks so much for you feedback.

Thanks,

Arby