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    gibbygal's Avatar
    gibbygal Posts: 1, Reputation: 1
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    #1

    Nov 6, 2009, 11:08 AM
    Lease Renewal
    I presently rent an apartment in NJ. My current lease expired as of 10-31-09. I just received the renewal notice from the management company post marked 11-4-09.

    Is the landlord suppose to forward the renewal notice 30 days prior to expiration of the lease? Since I did not receive the renewal notice prior to the lease expiration date does that technically mean I now have a month to month lease.

    I did read all my prior lease renewals notices and the original lease I signed in 2002 and there is no clause of automatic renewal, but the renewal notice I received today offers a 1 year renewal at the same base rent as 2008 and no increase in security and has a paragraph citing that "signing of this letter shall constitute a binding agreement".

    I do not know whether to sign and return or if I am now on a month to month and the management company is not aware because technically they screwed up and do I need to bring this to their attention.
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
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    #2

    Nov 6, 2009, 11:12 AM

    Hello gibby:

    I don't know what the problem is. You're right. You are now, and have been a month to month tenant since your first lease expired...

    But, NOW, they're offering a new/extended lease with the same terms. If you want it, sign the letter and get on with your life. If you don't, and wish to remain a month to month tenant, don't sign.

    excon

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