Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Real Estate Law (https://www.askmehelpdesk.com/forumdisplay.php?f=29)
-   -   Lease renewal (https://www.askmehelpdesk.com/showthread.php?t=143470)

  • Oct 22, 2007, 07:11 AM
    blairnadelberg
    Lease renewal
    If my landlord does not give me the proper notice of the 120 days on the renewal of my lease is it true that I can inform him that I am renewing my lease at the same rental rate and I can also automatically renew it for a two year period since he failed to notify me? I live in New Jersey.
  • Oct 22, 2007, 07:18 AM
    excon
    Hello b:

    The lease can't be renewed unilaterally by either party. If he told you 120 days before the lease expired that he was renewing it, you could have declined. By the same token, you can't dictate terms either.

    If you wish to renew your lease, you'll need to negotiate it with the landlord.

    excon
  • Oct 22, 2007, 07:26 AM
    ScottGem
    If a lease expires without a new renewal, then it becomes a periodic (month to month) lease. As excon noted you can't dictate the terms. In a month to month, the terms of the lease remain in effect except for the term and the rental amount.

  • All times are GMT -7. The time now is 09:27 PM.