Q:
I am renting for the first time, and wonder about what to look for in a lease. Are all rental agreements alike?
A:
No, the two most common kinds of Rental Agreements are the "Lease" and the "Month to Month".
1. Lease" is for a definite period of time, generally for one year but may be less.
Unless you break the terms of the lease the owner cannot raise the rent, unless the lease states otherwise.
Also, the owner cannot ask you to move until the lease expires.
2. "Month to Month" Rental Agreement is not for a set period of time. It continues until you decide to move or the owner/landlord asks you to leave.
Note:
If you pay your rent monthly and decide to move you must give the owner thirty-day notice.
An owner who wants you to leave must inform you in writing 60 days ahead of time, if you have lived in the unit for over one year.
Moreover, if you break the rules, for example, by using the rental for illegal purposes or creating a nuisance, the owner/landlord can give you a
"Three Day Notice to Quit."
Many times when a property is advertised, it states whether the tenancy requested is a Lease or Month to Month and is often negotiable, depending on the needs of both parties.
I am renting for the first time, and wonder about what to look for in a lease. Are all rental agreements alike?
A:
No, the two most common kinds of Rental Agreements are the "Lease" and the "Month to Month".
1. Lease" is for a definite period of time, generally for one year but may be less.
Unless you break the terms of the lease the owner cannot raise the rent, unless the lease states otherwise.
Also, the owner cannot ask you to move until the lease expires.
2. "Month to Month" Rental Agreement is not for a set period of time. It continues until you decide to move or the owner/landlord asks you to leave.
Note:
If you pay your rent monthly and decide to move you must give the owner thirty-day notice.
An owner who wants you to leave must inform you in writing 60 days ahead of time, if you have lived in the unit for over one year.
Moreover, if you break the rules, for example, by using the rental for illegal purposes or creating a nuisance, the owner/landlord can give you a
"Three Day Notice to Quit."
Many times when a property is advertised, it states whether the tenancy requested is a Lease or Month to Month and is often negotiable, depending on the needs of both parties.
Tennant FAQ
Long Term Rentals Only
Long Term Rentals Only
