My wife and I are considering buying a home that is currently being rented out as a duplex. We want to un-duplex it and move in. There are currently tenants living upstairs until May which is fine.
The problem is that the current owner just signed a year long lease with a guy to live on the main floor.
What are his rights as a tenant with a signed lease? What are our rights as a new owner?
Are we able to change the lease at all, or do we simply inherit what he signed with the previous owner? We wouldn’t want to just kick him out right away and we’re open to him staying through his contract, but ideally we’d love it if he moved out when the upstairs tenants moved out.
We are in Michigan if that is relevant to state laws.