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Ask this before buying your next rental

Apr 18, 2024

We wish we were kidding.

But it happens all the time.

A Landlord buys a sweet rental.

And thinks they can force the existing Tenant to sign their killer lease.

There's a new sheriff in town boiz!!

Not so fast, cowboy.

You can't just waltz in and start changing the rules.

Especially if there's ink drying on that original lease.

So before you plan a grand redesign or hike the rent, remember:

You can't evict a Tenant just because you bought the house.

Unless your Tenant is in breach (or the lease gives you an out) you're stuck with the Tenant.

Don't show up with a new lease in hand expecting Tenants to sign on the spot.

That's like hoping to win the lottery (without buying a ticket).

Good luck with that.

By Landlord Legal

Cowboy up, that's issue #106 of The Brief.

Next time you need a lease, just use ours - it's got a clause that lets you bounce a Tenant if you sell the joint.  It's a slick selling point (and smart move for your next property).

DISCLAIMER: Heads up - none of this is legal advice. We share stories and laughs about legal stuff for Landlords.  Do your own homework and stay safe out there!