Never Lose an Eviction: Make Inherited Tenants Sign Your Lease | This Is #HoltonWiseTV (Highlights)
Channel: HoltonWiseTV
Date: 2020-03-02

Buying a rental property that has existing tenants can sometimes be a rough transition for both the investor and the inherited tenants. The tenants are used to the old landlord and how things used to be done. With a new landlord things are going to change and change scares tenants. Change can sometimes cause tenants to become difficult to work with. In addition, housing laws require landlords to honor the existing lease terms of the previous home owner, unless the tenants are willing to voluntarily sign a new lease agreement with the new property manager. A tenant on an old lease agreement be a problem for the new property manager. Old lease agreements can make winning eviction cases more difficult. Whenever possible a property manager should never go to an eviction hearing without the tenant on their standard lease agreement  Find out why it's actually very easy to avoid these potentially difficult eviction situations by getting the inherited tenants to want to sign a new lease agreement with the new property management team.

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