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Old 11-19-2013, 12:40 PM
 
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The property management company I rent from called today asking if I would resign my lease. The problem is, my lease isn't up until January 31st! I do plan on signing a lease for another 6 months (since I'll be moving when I graduate in may), but I just think asking about it 2 1/2 months out is insane! Anyone else have this issue? Anyone have any advice on how to tell them I won't even discuss it till the end of December?
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Old 11-19-2013, 12:44 PM
 
Location: The Triad (NC)
23,896 posts, read 51,403,847 times
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Quote:
Originally Posted by Smooth23 View Post
The property management company I rent from called today asking if I would resign my lease.
The problem is, my lease isn't up until January 31st!
That's only 60 days (plus some mail time) notice of your intention to stay or go.
If you review your lease it probably requires that... so sign it.

Quote:
Anyone else have this issue?
I have a problem with formal process lease renewal in general.
But that's a different thread.

http://www.youtube.com/watch?v=GqH21LEmfbQ
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Old 11-19-2013, 12:48 PM
 
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Are thye asking you to resign now, or just state your intentions? Would the new lease not start til February 1st? I'd ask.
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Old 11-19-2013, 12:52 PM
 
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Originally Posted by beera View Post
Are thye asking you to resign now, or just state your intentions? Would the new lease not start til February 1st? I'd ask.
They want me to resign now, for the year Feb to Feb
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Old 11-19-2013, 02:46 PM
 
Location: The Triad (NC)
23,896 posts, read 51,403,847 times
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Quote:
Originally Posted by Smooth23 View Post
They want me to resign now, for the year Feb to Feb
They want two things:
1) to know if you're moving or staying at the current lease end
2) to wrap you up and tuck you away for a whole year.

If you KNOW you intend to leave at the end of the spring term... say so.
Talk with them about the six month extension you prefer.
See how much more that will cost.

Then decide.
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Old 11-19-2013, 03:20 PM
 
Location: New York
1,184 posts, read 1,051,265 times
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Since either parties needs to give a 30 day notice to vacate, waiting till the end of December to decide is insane. I require my tenants to decide on a new lease 4 months in advance...especially during the winter months.
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Old 11-19-2013, 03:51 PM
 
1,049 posts, read 2,199,436 times
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Quote:
Originally Posted by reenzz View Post
Since either parties needs to give a 30 day notice to vacate, waiting till the end of December to decide is insane. I require my tenants to decide on a new lease 4 months in advance...especially during the winter months.
What you said makes no sense. 30 days is 30 days, why would they need 4 months?
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Old 11-19-2013, 04:36 PM
 
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I would just tell them your plans to leave in August and ask to extend till then and if it's actually necessary for you to sign now. I thought at most 30 days before your lease is up (depending on the state, some is 60 days) is when they need to let you know about re-signing and rental increases.
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Old 11-20-2013, 11:13 PM
 
Location: Back in Santa Clara County - Yay!
14,051 posts, read 16,852,078 times
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I agree you need to look at your lease to see what the termination notice is - 60 days? 30 days? And if you want a 6 month extension, I don't see any harm in telling them that now. It will likely be easier for them to rent your place in June than in January, so I think you're in a good position to negotiate that your rent stays the same until then, for instance.

Good luck.
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Old 11-21-2013, 12:27 AM
 
Location: West Virginia
11,654 posts, read 27,617,640 times
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HUD has you do everything 60 days in advance. LL just wants to know IF your staying...Lease gets signed 1 week before it dies.

They want a 1 yr lease your planning leaving mid way YOU better talk to them NOW! A little bit more in rent Now beats a Heafty Fine for breaking the lease Later! Telling them Now gives you time to look for another place to spend the 6 months!
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