How Much Can Landlord Increase Rent? The allowable rent increases for landlords can vary significantly depending on the local laws and regulations in your area. There is no one-size-fits-all answer to this question, as rent control and rent stabilization laws, as well as other regulations, are determined at the state, county, or city level in […]
What Is A Contractual Periodic Tenancy And How Does It Work? What Is A Contractual Periodic Tenancy? A contractual periodic tenancy is a type of rental agreement where the tenancy runs from month to month, week to week, or another agreed-upon period as specified in the tenancy agreement. Under a contractual periodic tenancy, both the […]
Advantages And Disadvantages Of Periodic Tenancy Periodic tenancy is a type of rental agreement where the tenant rents a property for an indefinite period, with rent payments typically due on a monthly basis. Periodic tenancy can be a suitable option for those seeking flexibility and short-term commitments, but it may not provide the same level […]
How to Break an Apartment Lease Without Penalty: A Tenant’s Guide Signing a lease agreement is a commitment between tenants and landlords, typically lasting for a specified period, often one year. However, life is unpredictable, and circumstances can change that might necessitate breaking your apartment lease before its expiration. Whether it’s due to a […]
Mutual Termination of Lease Tenancy “Mutual Agreement to End Tenancy” refers to a written agreement between a landlord and a tenant to terminate a rental or lease agreement. Both parties involved willingly and consensually decide to end the tenancy, and this agreement typically outlines the terms and conditions of the termination. Upon signing such an […]
Periodic Tenancy Vs Fixed Term; Which Is Better For You? Periodic tenancy and fixed-term tenancy are two common types of rental agreements that differ in terms of their duration and flexibility Fixed-term tenancies have a specified duration and provide rent stability but offer less flexibility for both landlords and tenants. Periodic tenancies are ongoing with […]
Periodic Tenancy Notice In a periodic tenancy, whether it’s month-to-month, week-to-week, or any other recurring period, giving proper notice is essential when either the landlord or the tenant wishes to terminate the tenancy. In many cases, notice periods are designed to provide both parties with sufficient time to prepare for the termination of the tenancy. […]
What Is A Periodic Tenancy? Definition, Examples, Termination & Laws A periodic tenancy is a type of rental agreement where a tenant rents a property for a certain period of time, usually a week, a month, or a year, and the tenancy automatically renews for another period until the tenant gives notice to end the […]
Holdover Tenant: Definition, Evictions and Legal Rights Holdover Tenancy Meaning A “holdover tenancy,” also known as a “holdover lease” or “tenancy at sufferance,” is a legal situation that occurs when a tenant remains in a rented property after the expiration of their lease agreement without the landlord’s consent. In a holdover tenancy, the tenant is […]
Tenancy-at-Will vs Periodic Tenancy: Definition, Differences, Termination Notice Differences Between Tenancy At Will And Periodic Tenancy Tenancy at will and periodic tenancy are two types of tenancy agreements. While both are legally binding contracts, the primary distinctions are their fixed term and automatic renewal. Understanding these distinctions is critical for both landlords and tenants to […]