Sunday, October 28, 2007

Lease vs. Month-to-Month rental agreement

If you rent an apartment on a month to month basis both the landlord and the tenant have the option of ending the tenancy by giving only one month's notice (written or verbal). The landlord can also decide to raise the rent or make other changes in the agreement by giving your one month's notice (i.e. telling you that you no longer have use of washer/dryer, basement or driveway etc.).
However, if you have a lease the terms of the agreement with he landlord stay set for the full length of time of the lease. For example, the rent will stay set for the whole lease and the landlord can't tell you to move until the lease expires unless you fail to pay the rent or otherwise break the contract. In such cases the landlord can go to court to evict you.

2 comments:

Whippets Rock! said...

Much more information regarding this matter at
http://www.efarpro.com
It is important that you protect your rights and get your lease in writing.

dancilhoney said...

Very informative. It is important that both parties are fully aware of what is included in the agreement.
rental agreement contract forms