What if i don't resign my lease?
Started by snostr
over 17 years ago
Posts: 18
Member since: Aug 2007
Discussion about
Hi all - I am i the process of deciding where i want to move to - and if i want to buy - but my lease is up at the end of next month. I live in a large rental only building, owned by a large management company and i know that there is no way that they would let me go month to month if i asked. If i choose to not sign the lease and just send them rent check with the new rent, how long can i stay in the apartment? If they start eviction procedures, how long does that take? Any other ideas?
it would take them at least 6 months to kick you out but if they start the eviction process every other landlord you ever try to rent from will know that you were evicted prior and it looks bad.
If you don't sign, they will probably start the eviction process immediately, as it can take months to resolve. As the previous poster says, you will likely have a good long stay before literally getting kicked to the curb (thanks to the numerous laws protecting tenants), but you will have absolutely ruined yourself for any future rental. And forget trying to purchase into a co-op.
ask for a year lease with a 60 day cancellation, even at a premium if need be. Also, tell them you are willing to help show the apartment during the last month....
nytimes just did an article on this:
http://realestateqa.blogs.nytimes.com/2008/06/15/staying-in-the-apartment-for-an-extra-month/
I was in the same situation about a year ago so I asked and they agreed to a 6 month lease. Try it.
Basically, if you don't get along well enough with your landlord now to negotiate something fair in advance that avoids problems, don't expect the situation afterwards to work out well for you.
I was also in the same situation and asked for a month-to-month lease. The landlord initially refused, but I offered a slight premium (~3%) over the increased rent. They accepted, with the lease being written for a year that included the option for either party to cancel with 60 days' notice. So if you're willing to make a few concessions, you might be able to strike a deal.
i'm in a large rockrose building. we had them add 60 day cancellation clause to our lease so we can back out with a month penalty. they wont allow month to month but i heard they will let you do a 1 or 2 month "renewal" to buy extra time and decide what you want to do. And then you either have to renew for 1 yr or move out.