Do you like your apartment?
Yesterday I got a notice on my door letting me know that my lease was up in about a month and a half and the landlord wanted me to tell her if I am staying or leaving at the end of the lease. She wants me to come in and sign a new lease and my rent will go up by $25 if I stay. Now in my experience, once a lease runs out, it is expected that I be allowed to stay on a month to month basis and in fact my current lease states that. It's weird to me that I am being asked to come in and sign a new lease, as this is the first time I've been told I need to sign a new lease on an apartment I've already had a lease on. Am I getting hosed here?
I'm a bit torn on this. On one hand I think it's bullshit that I have to sign a new lease and my rent will go up. On the other hand, I looked around the internet and the paper and it seems that at the new price of $450 a month, my apartment is still considered fairly cheap. I really wasn't planning to move as my apartment is in a pretty good location, I get free cable, there is a pool here and my particular apartment has a patio. Also I checked and new people have to pay $475 a month, so it turns out they are cutting me a deal. Still, I'm a bit miffed about the situation.
When I lived in an apartment and my lease was I up lived month to month. The raised my rent, but had I signed on for another year it would have been cheaper than before.
Well, the month-to-month thing is usually in place, even with that kinda increase. I've been living under the "month-to-month" thing for the last seven years (!).
After my first year, I do vaguely remember signing a new Month-to-Month agreement at the increased rate, and then again a couple years later when the rent went up again.
So it's probably just something that you agree to the new rate. Look it over, and mention that you agree to the new rate, but wish to be month-to-month.
So I think it's all on the up and up.
Tenants are allowed to cross off any lines of a lease they do not agree to, before signing. Make sure any line you cross off or alter is done on all copies.
I had the same experience in my first apartment, rented through a development. The lease expired, and I signed a new one with a higher rent. The last apartment I lived in, the landlords never offered me a new lease because they knew they could rent the place quickly if I left. I did, and they did. What you are experiencing isn't unusual. But you should check your copy of the lease and see when it in fact expires. They may be trying to jump ahead of the expiration, and that's not legal.
Typically, a landlord will charge a month-to-month renter more than a long term lease renter. You probably don't need to sign a new lease, but it's pretty normal, to protect both the renter and the landlord.
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That sounds normal if you are paying less than average market rent for your area. they arn't going to sign a new lease for less than they have to.
My apartment lease is up in January, and then I can either sign a new lease and pay the same amount or go month to month and have it go up a little. If you like it and you don't have plans to move, then just stay. But I'd ask the landlord about it to be sure.