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Recent Lease Expiration questions
In a tenants in common ownership of a commercial property
In a tenants in common ownership of a commercial property with four equal share owners i.e. 1/4 share for each of 4 tenants in common; can one of the property owners/Tenants in Common have a business that is the lessee of the property and have any say in the Lease rate that they will pay for the property. Is this not a conflict of interest? Do they not have a fiduciary responsiblity to remove themselves from discussions of the lease rate?
We have a rent responsible clause in our lease. We would
We have a rent responsible clause in our lease. We would like to leave our lease early on Aug 14th (lease is through Sept 18th). Instead of looking for a new tenant, our apartment manager said they are going to renovate our apartment and we'd be responsible for the rent until they can renovate it (a minimum of 3weeks). Can they do that? I thought they had a duty to minimize their losses and try to get a new tenant as soon as possible.
I'm a handyman in a co-op and my current rate of rent is
I'm a handyman in a co-op and my current rate of rent is $750. My lease is up next month and they want to raise my rent to $1,200. Is there a cap on how much they can legally raise my rent in a new lease? I'm in Mount Vernon, NY.
Thank you time. You helped with a previous question - so I
Hi. Thank you for your time. You helped with a previous question - so I thought I would ask for you.I have an older friend who has lived in the same rental (duplex) for probably 35 years. Every now & then her landlord threatens to NOT renew her lease. They just don't get along. Long story from 30 years ago. Then landlord says my friend can stay if she agrees to pay more rent.Is there a standard of how much and how often rent can be raised?? I am not sure if she is on a month-to-month or year-to-year - but I don't know if that makes any difference here.Thank you so much. I feel so bad for her - she calls me crying every time it happens. Any advice would be most appreciated.
I am on title to real property in Oklahoma as tenants in
I am on title to real property in Oklahoma as tenants in common with another party. We rented to tenants whose lease expired at the end of June. We used an OK real estate commission lease form from their website and there is no provision for month to month in the lease. The other person on title to the property with me is insisting that we sign another 1 year lease with the tenant. I do not want to do this as I want to allow tenant to stay until they want to leave and then I want to sell property. 1. Does a lease automatically go "month to month" as long as neither landlord or tenant give notice? 2. Can the other party on title to the property sign a new lease with tenant without my approval?
I leased out a duplex to a woman and her school age son. She
I leased out a duplex to a woman and her school age son. She was the only one that signed the lease and she deposited 500.00 dollars. Months later she dies. Her ex-husband decides that he wants to take a one year lease so he completes the contract and does not put down any deposit. His idea is to let the son finish his schooling for one year. His lease expires in August. Is he entitled to the womans deposit? She had damages before she passed. If he is entitled to return of deposit am I entitled to damages and repairs. The son never signed any lease. What happens to her deposit money. Thank you jack *******.
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I am a landlord in ,DC. I gave my tenants a notice 90 daysView more real estate law questions
I am a landlord in Washington,DC. I gave my tenants a notice 90 days prior that I don't want to renew the lease at the end of the lease term. They are scheduled to move out today. One of the tenants emailed to say she has a right to stay month to month and that she won't vacate for another 30 days. Does she have that right legally with only one day's notice? If I agree to this month am I in essence agreeing to more months if she refuses to vacate again?