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Florida month-to-month lease addendum Form: What You Should Know

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Video instructions and help with filling out and completing Florida month-to-month lease addendum

Instructions and Help about Florida month-to-month lease addendum

What's going on? Today, I want to speak on mom to mom. Should you or should you not let your tenants go off tomorrow? Good question. It's pros and it's cons. We're going a month-to-month versus having our traditional six or twelve monthly 12-month lease in place. So, the benefits to you for going month-to-month, there are only two benefits that come to mind for you as the landlord when it comes to letting the tenants go off the month. One is generally for the month, you can charge more than if you have them under a 12-month lease. So let's just throw some numbers out there. It would be fair if they were in the 12-month lease paying $600 and decided to go more for small going up to maybe $650-$675 a month for them to do month-to-month versus the lease. I think that's fair because it gives you a little extra cash in pocket and it's just one benefit to you. For them, for month tomorrow, the other benefit that I found from lay attendant going off the month is the fact that that's the in a month in a month-to-month scenario if for whatever reason you need to get back into that property because that you want to sell it or maybe you know you want to move in if you have a family member or something who got this place out of town who needs to move in and you know whatever your reason is you have that option also, indeed, of course with the month's notice. So that can benefit you for several reasons because say let's say you for whatever reason just wanna liquidate the property but in a 12-month lease scenario you have nine more months left before their lease is over that...