Rental Agreements: Are one-month notices to landlords always necessary?
From an Indian Perspective:You need to give a notice to your landlord as per the terms of your agreement as mutually agreed upon at the start of term. Please make sure you have sufficient provision for termination in the agreement, so that neither party faces hardship.Sometimes landlords accept a lower notice period if they find a tenant to replace you, so if you can find someone who will move in to the place, you can avoid giving a notice. Either ways you need to make sure that:Make sure all the relevant clauses(along with remedies) are in the agreement prior to signing it.Talk to your landlord if you have a genuine reason for moving out without being able to serve them a notice. You’ll be surprised at how accommodating people can be.If you want a easy to customize rental agreement at affordable prices and delivered home for your convenience, visit us at Lawbuddy andSave time and money by reducing lawyer fees.Be safe and secure for our documents are drafted by experts.
Do month-to-month rental agreements exist in Los Angeles?
They may at a premium. Landlords do not like to keep re-renting the same places. It is a waste of time for the landlord and rough on the rental. There are apartments that will rent at a premium for a short term lease that reverts to a month to month. The minimum is usually three months.
How one month notice period is calculated according to rental agreement before vacating a flat?
Notice period will be same as your rent cycle as mentioned in the agreement. Ideally it means about the period before you are planning to vacate the premises. E. G. If you are planning to leave by mid-feb, you can tell the landlord in jan first week or dec last week if your rental month is as per the English calendar. This helps you because in case you are planning to leave in the middle of rental month, you can negotiate payment and settlement of rent towards excess stay
Could an on-demand month-to-month rental agreement ever replace the standard long-term contract?
On demand? Both tenants and landlords may have reasons for mtm rentals…but in the long run- it’s not in a landlords best interest. I don’t see it becoming more popular than the typical one year lease.
Is it possible to have two 11 month rental agreements on one name?
Yes, but for separate property. Incase of the same property, the latest agreement overrides the old one automatically..For more details visit: DOCUINKK - Online Registered Rent Agreement in Pune, Mumbai and rest of Maharashtra
How much notice do you have to give that you're moving out when you're month to month in a rental?
Typically 30-days, but be careful of when you give notice.If you give your 30-day notice on say October 15th, that you will leave on November 15th, then you still owe for all of November. There are no prorated months.So give your notice on the last day of the previous month or on the first.Read your lease, this is just typical language, you may have agreed to something not typical.
Do I need to have a tenant sign a new agreement? I had a rental property transferred to me, and they are in a 'month-to-month' agreement now. They have been living there for over three years.
Need, no. Should yes. Now, if they’ve been there 3 years and the place in good shape, I’d probably be generous on some terms, but perfectly clear. But the lease makes things clear to BOTH parties about what is expected.You can find many templates on line. I’d suggest looking at them and adopting one to your needs.Remember, it’s valid only if both sides sign it AND it’s not in violation of state or local laws. Also, most templates will include a clause that states something like, “if any part of this lease is found invalid, the rest will remain in effect”. Keep that, it can be important.I’m not a lawyer, and this is not legal advice.
Is it a norm to pay one month's extra rent for breaking rental lease agreement in Bangalore (India)?
Its not a norm.A term called “notice period”. This is the duration of time. This could be from 1 month to 3 months.As per notice period, you must inform your house owner in advance about breaking of rental agreement.Yes, few owners may demand one month rent if notice period is not followed. Just to incorporate the loss of rent for upcoming month.