If your lease is coming to an end, you might be considering what to do next. In most cases, a resident will either renew the current lease, the lease will change to a month-to-month agreement, or move out.
But what if your landlord chooses not to renew the lease? Generally, a landlord can end a lease without reason when the term is over. Read on to find out about this renting wrinkle and what to do if it happens to you.
In most situations, a landlord is not required to extend or renew a lease. They can change any of the terms and conditions, including the rent price. They can also end ask you to leave the property when your lease is over and they don’t need a reason.
Unless there is a provision in the lease that specifies otherwise, apartment community management is typically within their rights to end the lease at the termination date spelled out in the lease. Depending on the state, the apartment community manager will have to give 30 or 60 days notice that they are not renewing the lease, however.
If you get a notice that your lease is not being renewed, the first question you might ask is “why?”
Some common reasons a lease may not be renewed include:
If you live in an apartment community and your landlord is not renewing the lease because they are renovating your space, ask if you can sign a new lease for a different apartment in the community. This will still require a move, but if you like your apartment community, this might be better than moving to a new one.
If the landlord is not renewing your lease because they are selling the property to another company, ask for the name of the company and find out if you can sign a lease with the new owner.
If you suspect that the landlord is not renewing your lease because of actions you have taken or neglected to take, you should discuss this with them directly to see if they will offer you other options besides moving out.