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How to Edit Month To Month Lease Agreement

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[Music] hello everybody today were going to do something a little bit different lets get started welcome to my youtube channel ive been helping clients for over a decade and now im coming straight to you to get even more great videos click our links to like and subscribe stay in touch by phone text email or on our highly interactive facebook group texas landlords and now ernie talks so today were going to talk about the pros and cons of a lease term versus a month to month term so what do we mean basically uh whats the good the bad and the ugly of a six a 12 or a longer term lease as opposed to a month-to-month tenancy so im gonna take the side of a 12-month lease hi im also ernie but i am going to take the opposite side all right so here goes uh pros of a 12 month lease number one you have a written promise of 12 months of rent from your tenant pro number two you are less likely to have to incur losses in between tenants particularly if you have a good tenant whos likely to

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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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Do leases automatically go month-to-month Alberta?

Periodic agreement Either the landlord or tenant may end a periodic tenancy by giving notice. Most periodic tenancies are month-to-month, but they can also be week-to-week or year-to-year.

How much notice is required to terminate a lease in Ontario?

Ontario Lease Ending Notices The first option is to notify the landlord of their intention to end their tenancy. Here, your tenant must inform you of the last day they plan on living in the unit. If the tenancy is fixed-term, then your tenant must give you notice of at least 60 days before moving out.

How do I end a month-to-month lease in Ontario?

Monthly, no fixed term: If you pay rent monthly and you are not in a fixed term tenancy, then you must give at least 60 days notice and the termination date has to be the last day of a rental month. Example: You have a month-to-month tenancy and pay rent on the first day of each month.

What is a month-to-month rental agreement BC?

A periodic tenancy agreement often referred to as a month-to-month tenancy agreement does not have a pre-determined date on which it ends. The tenancy continues until the tenant gives proper notice to move out, or until the landlord legally ends the tenancy.

Can a landlord end a month-to-month lease in CA?

Under California state law, a landlord can terminate a month-to-month tenancy by serving a 30-day written notice if the tenancy has lasted less than one year, or a 60-day notice if the tenancy has lasted more than one year.

Can a month-to-month tenant be evicted Ontario?

If the landlord and tenant dont make a new agreement, and the tenant refuses to leave, the landlord can apply to the LTB for an order to evict the tenant. Important: In this situation, the landlord can apply to the LTB for an eviction order without giving the tenant notice.

What are the methods for ending a lease?

What are your options for getting out of a lease? terminate the lease under a break clause; negotiate termination with the landlord; assign the lease - ie sell it to a new tenant; sublet the premises, or part of the premises.

Can a landlord increase rent on a month-to-month lease in Ontario?

In Ontario, landlords can only increase rent once in a 12-month period and only 12 months after the date of the last legal rent increase or the tenant moving in. Landlords must also give tenants a minimum of 90 days notice that an increase is imminent.

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