What happens at the end of a lease?
Sunday, June 27th, 2010 at
7:58 am
I have just been given a 3 month lease by my land lord.
When this ends does it become a month-to-month tennancy?
Does he still have to give notice if he wants me to leave?
He says he may sell the flat at the end of those 3 months so i don’t know what to do.
He could find a buyer quickly or not and if it it’s quick can i just be throwen out?
There is nothing in the new lease gining any information about notice periods and the possible sell of the property.
when a lease ends do you have to move out or do you still have to be given notice 40 days before the end of the lease?
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Tagged with: Lease Ends • New Lease • Notice Periods
Filed under: flat sale
You will have to read the terms of the lease to see if it goes to a month to month at the end.
It may or may not.
Read the lease. That’s the first step. At the end of the lease, you may be able to renew it, leave or stay there as a month-to-month tenant, whichever arrangement suits you and your landlord.
The lease goes along with the property if it’s sold. But 3 months isn’t very long, so it doesn’t really matter. If the new owner wants you out, and there’s no lease, you probably get 30 days notice. But read the lease to find out for sure.
You’ll need to renegotiate the lease with the landlord. You can agree on a month-to-month lease, which would still be signed by you both, or you could extend the lease.
Either way, law requires that he give you a 30-day notice to vacate, and you give him a 30-day notice if you’re leaving. Just because the place sells doesn’t mean you’ll have to move. The new owner may be an investor and may be happy you’re already there.
In a lease you have the right to stay there until the lease is up. If he is wants you then he can give you 30 days before the lease is up to move so that by the time the lease is over the property will be vacant. He will need to give you notice, most of the time it is 30 days. If you were to stay without a lease then he can raise the rent, or ask you to leave whenever (usually 30 days notice though). If he finds a buyer then the buyer will have to wait until the lease is complete. They cannot through you out. Just keep in touch with the owner and see how things are going with being on the market and such. He may ask to show the rental, you being in a lease can refuse the showing, but on a month to month basis he may have an agrument over that. Hope this helped you. Mander B.
RE: When the lease ends you are on a month to month basis, if you want to move or the landlord wants you out then just give a 30/45 day notice. Not all leases will state everything. Why don’t you ask the landlord what your options are? This is what gets me confused, every landlord/management co. is different, so the best thing to do is ask them-can I stay after the lease is up, how much notice is needed when I want to leave? I don’t mean to get anyone upset, for some reason the way this is worded seems that way, to me anyway. I think the owner would want income in some sort of way but also be able to show it in good condition while its on the market so (s)he may want you to stay even after the lease or boot you out. Talk about it and see what the deal is. Mander B.