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  • Aug 27, 2018, 07:34 AM
    My tenant's one year lease expires on October 15, 2018. They have requested to extend their occupancy on a month to month basis with a 60 day notice to vacate( for both them and myself). I'm comfortable with that.

    How do I handle their last month's rent which I am holding? Do I apply it towards their last month under the existing lease or do I hold it and apply it towards the last months when I'm given the 60 day notification?

    Thank you
  • Aug 27, 2018, 05:00 PM
    Hold it toward last month, the lease terms should still be in force, merely the terms of month to month, which can be added with just a short statement signed by both.
  • Aug 27, 2018, 05:05 PM
    Thank you for your response. Just to be clear are you suggesting that I hold it for the last month of the 60 day notice or apply it towards the last month under the existing lease which is coming up.

    Greatly appreciate your input!

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