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Below is a list of the most common customer questions. If you can’t find an answer to your question, please don’t hesitate to reach out to us.
When you renew a lease Do you pay another security deposit?
There is a 3rd case you have a bad landlord that does not know the rules. Generally, no. You'd have to just give them a new security deposit for the new lease, to replace the old security deposit on the old lease, so it tends to carry.
Do you have to pay another deposit?
Tenants can hit some potential pitfalls with the security deposit when renewing a lease. If your rent increases with the lease renewal, the landlord may also ask for an additional deposit, arguing that your deposit was based on monthly rent, which has now increased, so the deposit should increase, too.
Do you pay security deposit every year?
Most states have a law on the books that says when a landlord has to return your security deposit after you've moved out of the rental. In California, it's 21 days. Also, if they are running late, generally landlords lose the right to deduct money from your deposit for repairs.
What do you need to renew your apartment lease?
Review your lease. First and foremost, you need to know when your lease is up.
Talk to the landlord.
Make your decision.
Write a letter.
Read your new lease carefully.
Sign the new lease.
What proof of income do you need for an apartment?
Proof of income (recent payslips, bank statements, tax return) Letter of employment (if you're starting a new job) Valid ID (passport, citizenship certificate, driver's license, Medicare card, utility bills) Resume of your rental/employment history.
Can an apartment automatically renew a lease?
No Automatic Renewal: Lease agreements do not automatically renew. Once the original lease term is over, the tenant would have to sign a new lease with the landlord if the landlord or tenant desired a long term contract.
Is non renewal of lease the same as eviction?
When a landlord decides to end a lease, they may send a lease non-renewal notice to their tenant. Non-renewals shouldn't be used for situations that require eviction notices. While non-renewal notices must be given in writing, the landlord does not have to provide a reason for not renewing the lease.
How long do you have to renew lease?
The laws differ from state-to-state. For fixed term lease agreements the required notice time frames are: Northern Territory and Queensland: 14 days before lease ends. New South Wales: at least 14 days if the date is at the end of the tenancy agreement, or 21 days if the end date is after the fixed term.
Do you have to renew a lease every year?
After the first term ends, the lease automatically renews every year from then on unless either I (or my agent) send the tenant notice of termination or of a rent change. Of course the tenant can send us an NTV (Notice To Vacate). The deadline for either of these is 60 days before the end of the lease.
What happens if my lease isn't renewed?
Generally, a landlord can end a lease without reason when the term is over. Read on to find out about this renting wrinkle and what to do if it happens to you. In most situations, a landlord is not required to extend or renew a lease. They can change any of the terms and conditions, including the rent price.
What happens after 1-year lease is up?
After a standard one-year lease, most landlords will either let the lease expire, in which case it will default to a month to month rental agreement or have their tenant sign another lease. If you have great tenants, tell them you'll keep the same rent, but you want them to sign another one or two-year lease.
Is it legal to require a 60-day notice?
A landlord can simply give you a written notice to move, allowing you 30 days (60 days if you've lived in the rental a year or more) as required by California law and specifying the date on which your tenancy will end.
Can a month-to-month lease require a 60 day notice?
California law generally allows the owner to terminate a month-to month tenancy on 30 or 60 days notice, depending on how long the residents have lived there. By contrast, a fixed-term lease can only be terminated by the owner on three days' notice for cause.
What happens when a tenancy agreement expires?
If the tenants move out at the end of the fixed term, the tenancy ends. It will no longer exist. Sometimes they may even put in their tenancy agreement a clause requiring the tenant to give notice if they want to leave at the end of the fixed term and providing for them to pay 'rent in lieu of notice' if they don't.
What happens when assured short hold tenancy expires?
When the period of an assured short hold tenancy comes to an end and the tenancy is not renewed, but the tenant stays in the property the tenancy will continue as a Periodic Tenancy until the landlord decides to end it. The landlord must end it by serving at least 2 months notice.
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