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How to Export Month To Month Lease

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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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How does a month to month contract work?

The tenant will pay to lease the property on a month to month basis, hence the term, month to month lease agreement. The question that arises is whether the tenant will have to give the same notice period when deciding whether to cancel the lease.

What does month-to-month lease mean in 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.

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.

Are month-to-month leases legal 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.

Can a landlord ask a tenant to move out when a lease expires in BC?

A landlord can only require a tenant to move out at the end of a fixed-term tenancy agreement if: The tenancy agreement is a sublease, or. The landlord or a close family member of the landlord is moving into the unit for at least six months.

Can landlord terminate month to month lease BC?

Landlords can use the Two-Month Notice to End Tenancy (PDF, 597KB) when they or their close family member will live in the unit.

Is tenancy automatic month to month in BC?

Typically, when a fixed-term lease in B.C. ends, it gets automatically turned into a month-to-month lease that has no end date. On the date specified at the end of a fixed-term tenancy agreement, the tenant is not required to vacate the rental unit, unless otherwise specified in the lease.

How does month-to-month rent work in Ontario?

There will be no end date to the tenancy agreement unless both the landlord and the tenant agree to it. Thus, the renter does not commit to any specific rental time, and the payment terms remain as previously agreed upon under a month-to-month leasing agreement.

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