new condo owner should know before sending out termination of lease letter
Started by newyo
almost 18 years ago
Posts: 15
Member since: Sep 2007
Discussion about
If the original lease was either a Blumberg form lease or a REBNY form lease (it should be clear from the heading, but those two cover 99% of condo lease forms) then sending a 424(b)9 letter to the tenants 61 days prior to the expiration of the lease will explain your termination of the lease following the original lease term. Any stationary store can direct you to the Blumberg forms - ask for the 424(b)9 and otherwise if you leased the apartment through a broker, that broker ought to have it as well.
What excuses or blames the tenant could or might bring up in order not to leave regardless of the lease expiration?
When the NY County Sherriff shows up, there are no excuses.
Contract is contract.
Blumberg forms - 424(b)9 requires both the landlord and tenant to sign. What if the tenant...
You're a new condo owner? You can just nicely tell them something like you want to move in yourself ----whatever. Are they elderly and blind or disadvantaged in some way? Prob. you have no worries.
poorishlady, they are working couple in their 40s.
Also I noticed from the lease, it says term of lease, 1 year from July 25 2007 to July 31 2007. There is a clerical mistake on the expiration date. Does it matter?
newyo
19 minutes ago
report abuse Also I noticed from the lease, it says term of lease, 1 year from July 25 2007 to July 31 2007. There is a clerical mistake on the expiration date. Does it matter?
yeah, you are pretty much screwed - there's a special loophole in landlord tenant law that favors the tenant if the 1 year lease is for more than 365 days (366 in a leap year).
Double check on this with an attorney. If you're screwed, it's only for another year . . . . . And Mat The Cat might be wrong.
What kind of attorney do you expect this guy to speak to?
newyo - tenants on condos and co-ops DO NOT have the protection the tenants in rental buidings have. If you don't want them to stay for another year, you DOT HAVE TO offer them another lease. I have 3 rental properties and never had trouble with anyone.
live and learn
There's another thread with this same discussion . . . . . started by same OP