When a multi-family property with tenants occupying, what cautions do buyer have to take?
Are tenants' current lease agreement still valid, or can new owner cancel it and start a new one? Thanks, Andy
Answers (1)
FIRST ANSWER
Dear Andy,
This can be a very good thing for you, if you have good tenants. I would strongly recommend that you read the Landlord and Tenant laws so you know what you are required to do by California State Law. You can find those at http://www.dca.ca.gov
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Answered Mon Aug 10 2009, 16:02 by Cami Pinsak in 91731
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