A joint tenancy agreement does not end if the common tenants remain beyond the end of the term of term, unless there is a new agreement. You could be responsible for the rent, even if you leave. They told the real estate agents that they are very sedentary and that they want the security of a longer contract. A periodic rent is a rent that runs weekly or monthly without a deadline. So my question to my fellow landlords: do you leave the leases periodically? Do you have some kind of schedule when it comes to contracts? Therefore, if your agent contract says “Pay for the term of the lease” and Case 2 applies above, I think you won`t have to pay if the tenant stays (but you could, if you allow the broker to enter into a new lease). We are not seeing the house on an auction property purchased with a seated tenant, having made a leap of faith. To present us as a new owner, the house in a terrible state bags of garbage everywhere did not look like the real kitchen, as if it had not been touched since 1930. The tenant paid the rent to a large real estate company that obviously never visited, the rent is under rent for the neighborhood, but he always pays a good thing, we are not sure of our rights when it comes to his rent, as it is called a Periodic Tenancy Service, it was a lease that went from his father to his mother and now to him. Any clarity in this matter would be useful for a gathering. We want to be a good landlord and we don`t want a tenant to live in misery, because it is our responsibility to update the property and become expensive. Your landlord or broker can contact you during the lease to see if you intend to stay when the life is over. If tenants remain in The Occupation, in most cases, if no new fixed-term lease or “renewal” has been signed once the fixed-term lease is completed, a new “periodic” lease is automatically created in its place.
You are on the hook of a penalty of 1-3 times the deposit for each rental agreement, if your tenant decides to sue you no matter what you do, you can also protect the deposit as quickly as possible and provide the prescribed information, as well as any other documents (such as the gas certificate, if applicable) that you must have on site before you can issue a valid section 21. If you don`t have everything in place before exposing the S21, then it won`t be valid, and you`ll get two extra months on the street and don`t get close to your tenants. Since they are not really two months late, I assume you would look for a section 8 based on the persistent delay? This is not one of the obligatory reasons, so can be considered a bit like a lottery. An ongoing contract has the advantage that neither party is obliged to do anything unless they want to terminate the lease, which may be helpful in certain circumstances. When the lease ends with the mutual termination clause in the contract, the mandatory termination period is required. The break clause is visible in section 11 of our AST. If the lease is a guaranteed short-term lease, the lease continues in accordance with the statutes after the minimum term has expired.