In terms of tenant/landlord laws, after a year lease is up, can I as the landlord require another signed lease

Question

I would like another lease signed. Can I require it or does the tenant have the right to go month to month?

Answer 1

You may. The easiest way to accomplish this is to send a letter stating that if they would like to sign on for another year the rent will remain the same. For a month to month the rent will ( amount) more.

Answer 2

This is business, run it like a business. If the terms on the lease has changed (like rent increase) then you need to sign a new lease. But for your own protection and that of your tenants, then you should get a new lease signed each year. I personally have great tenants so we only sign a new lease when there is a rent increase (every 5 years). But I just recently sold some of my rentals, since I did not have a signed lease with my tenants, I we just sold the rentals as if the tenants were on a month per month (no protection for the tenant but worked in my benefit this time). It is very difficult to sell property when there is a leased tenant on the property. Also, you can raise the rent every month (if you were that kind of landlord). If the tenant decides they are moving out, then they are only required to give you a 30 day notice (works in their benefit and you have very little time to find new tenants, which means a loss of rent). The decision is yours and it comes down to a trust factor.

Answer 3

What does the old lease say? Most standard one year leases I've seen default to a month-to-month rental after the initial lease period is up.

Answer 4

would not depend what you have been advised, the regulation constantly trumps something verbal. thus your landlord can actual call for which you sign yet another hire for a year, you do not would desire to settle for it, you could negotiate, yet while the owner says 'nope' you are going to would desire to flow out. in case your landlord in no way approached you approximately renewing the hire, the regulation often defaults to an assumed extension that's same to the 1st hire you signed. (Varies from state to state and u . s . to u . s .) in specific cases the regulation would say the default is month to month - it relies upon. you will would desire to envision on your section. If the owner or agent approaches you, then you definately are out of success on that element.

Answer 5

When the lease runs out it converts to a month to month, so you can require a lease or ask them to leave (in 60 days in CA anyway)

Answer 6

You have the right to insist on another lease, and the tenant has the right to reject it and move, if they so choose.

Answer 7

The landlord reserves the the right to go either way.