Home Buying in El Monte>Question Details

Andy, Home Buyer in El Monte, CA

When a multi-family property with tenants occupying, what cautions do buyer have to take?

Asked by Andy, El Monte, CA Tue Nov 3, 2009

Are tenants' current lease agreement still valid, or can new owner cancel it and start a new one? Thanks, Andy

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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
0 votes Thank Flag Link Tue Nov 3, 2009
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