Month To Month Lease Hide Comments For Free

A month-to-month tenancy is a periodic tenancy created when the renter is granted possession of the property with no definite expiration date and pays the owner on a monthly basis. This tenancy is most commonly found in residential leases.

Month-to-month leases do provide some benefits over fixed term leases, but what's best for you depends on your situation and needs. The biggest advantages revolve around the flexibility that a month to month lease offers. The lease automatically renews each month, meaning you could theoretically stay there forever.

If your tenant has month to month tenancy, California state law says that you can evict them by serving 30 or 60 day notice without any reasoning. Certain cities require just cause be provided to month to month tenants if they are living in a rent controlled or subsidized housing program.

Notice Requirements for California Tenants Unless your rental agreement provides a shorter notice period, you must give your landlord 30 days' notice to end a month-to-month tenancy. Be sure to check your rental agreement which may require that you give notice on the first of the month or on another specific date.

Negotiating a Month to Month Contract into a Lease Agreement Sometimes, a rental increase can be appropriate, but that's not usually how a tenant would negotiate, since the rental price is generally adjusted to fit market value.

Name the landlord, the tenant, and provide the address to the rental property. The term of the lease. List the monthly payment. Information about the security deposit paid. What happens if the tenant defaults on the month to month lease agreement.

Negotiating a Month to Month Contract into a Lease Agreement Sometimes, a rental increase can be appropriate, but that's not usually how a tenant would negotiate, since the rental price is generally adjusted to fit market value.