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How to Convert Lease Renewal

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In this episode of Bigger Pockets Daily, Tyler presents articles from the top real estate blog, highlighting the importance of lease renewals in property management. The article, "The Ultimate Guide to Lease Renewals" by Remin Okurua, emphasizes that renewing leases with good tenants alleviates stress for landlords and ensures steady cash flow. While lease renewals are generally beneficial for maintaining a profitable landlord business, there are situations where finding a new tenant may be more advantageous. The guide aims to streamline the lease renewal process, benefitting both landlords and tenants while addressing essential considerations for successful property management.

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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What happens when your lease expires in Massachusetts?

If the lease expires without action or renewal, the tenant does not become a squatter. Under Massachusetts law, they become either a tenant at will or a tenant at sufferance . The difference is whether they have the landlords permission to remain. A tenant at will does have permission.

Can a landlord refuse to renew a lease in Massachusetts?

Landlords are prohibited from harassing or retaliating against tenants who exercise their rights. In Massachusetts, the landlord cannot terminate a lease, refuse to renew a lease, or raise the rent on a tenant who has: Exercised a legal right.

How much notice does a landlord have to give a tenant to move out in Massachusetts?

Your landlord must send you a 14-Day Notice to Quit if terminating your tenancy for non-payment of rent (M.G.L. c. 186, 12). If it is being terminated for any other reason, you must be given written notice 30 days, or one full rental period in advance, whichever is longer.

How do you negotiate a lease renewal example?

I wanted to send a note as my lease is expiring in # months and Id love to get some clarity on the renewal. Ive enjoyed my time in this apartment and would love to stay another # years. Given my good standing as a tenant, could we renew at the same rate? Happy to sign a renewal now, if we come to an agreement.

Can a landlord refuse to renew a lease in California?

Landlords can choose not to renew a lease because the tenants smoke, because they got bedbugs, or because the tenant didnt do a good job following the lease while they were there. This is tricky stuff! Call Fair Housing if you have questions about housing discrimination.

Is an addendum the same as a renewal?

A lease extension is an addendum to your original lease, while a lease renewal is a new lease agreement entirely. Read on to learn more about the differences between a lease extension vs.

Can a landlord choose not to renew a lease Ma?

Just as a tenant doesnt have to tell the property owner why they arent going to renew a lease, a landlord doesnt need a reason for not wanting to renew a lease agreement. So, if either of the parties decides not to renew, theres nothing anyone can do.

Are there lease renewal provisions in Massachusetts?

Automatic renewal clauses are legal in Massachusetts These are legal, and tenants should be aware if their lease has such a clauseit will require them to give their landlord a certain amount of advance notice that theyre not planning to renew the lease, otherwise theyll be locked in (often for another year).

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