Q: How long does a current tenant have to sign a new rental agreement? The tenant is existing in a house we just bought.
I want to be clear, we just bought this house and the renter is going to remain. The previous landlord did not have a rental agreement and we are instating one.
A: Not to quibble, but there is a rental agreement with the existing tenant, it just may be an oral agreement instead of written. You are wise to institute a written agreement for numerous reasons. If the tenant is slow to comply, you simply give them written notice of their need to sign a lease. If they still do not, serve a 30 day for cause notice of termination. Do not accept 3 or more months rent without obtaining compliance or you may lose your right to. Questions? Review things with a landlord-tenant attorney.
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