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    Samnfl's Avatar
    Samnfl Posts: 1, Reputation: 1
    New Member
     
    #1

    Jun 26, 2013, 07:29 PM
    Leases without a termination date
    In a senior housing community in Florida can leases be written with effective starting date but no ending date?
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #2

    Jun 26, 2013, 07:57 PM
    Government assisted?
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
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    #3

    Jun 27, 2013, 03:17 AM
    A lease without an expiration date is considered a periodic or month to month lease. Which means it can be terminated by either party with 15 days notice (in FL).
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #4

    Jun 27, 2013, 03:36 AM
    So yes it can be written that way, but more information is needed to give any real follow up on what is happening
    joypulv's Avatar
    joypulv Posts: 21,591, Reputation: 2941
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    #5

    Jun 27, 2013, 04:21 AM
    It would help to know if this was offered to you, or you wish it were possible.

    I can imagine this kind of lease in a gov't housing situation where rent is tied to income, and income has to be reviewed periodically, usually once a year.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
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    #6

    Jun 27, 2013, 04:35 AM
    Just to add, while there is no law saying a lease can't be written that way, there is also no law requiring a landlord to write them that way. So if the landlord doesn't want to offer them, they don't have to.
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #7

    Jun 27, 2013, 06:05 AM
    I'm thinking like Joy - periodic review of income. If income stays within range it's pretty much a valid lease forever. If not - terminated.

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