what happens when a house lease runs out?
109978
If the leasehold of your property does expire, then the property will revert 'back' to being a freehold instead of a leasehold. This will therefore mean ownership of the land and building will go back to the freeholder. For example, if you had another sixty years left on the lease of your property in 2019.
1146227
If the tenants move out at the end of the fixed term, the tenancy ends. ... Sometimes they may even put in their tenancy agreement a clause requiring the tenant to give notice if they want to leave at the end of the fixed term and providing for them to pay 'rent in lieu of notice' if they don't.
630352
There is no notice required by the landlord or yourself, if you are moving out. ... The law requires the landlord to make reasonable efforts to rent the premises even if you break the lease, but if no tenant is found, you will probably have to pay the rent until the fixed term tenancy ends.
630378
Calculate the cost of a lease extension Unless you or your landlord takes specific steps to end the agreement under the lease, it will simply continue on exactly the same terms. ... the landlord may serve a prescribed notice proposing an assured periodic tenancy, where you pay a monthly rent.
700277
When a lease ends, a tenant may choose to move, continue to pay rent as a month-to-month tenant, or sign a new lease. ... A landlord and a tenant may also agree to extend the tenancy by signing a new lease agreement. The landlord can change the terms of the lease and increase the rent.
81728
['local housing allowance rates have left you with a rent shortfall.', 'the benefit cap.', 'the bedroom tax.']
943636
Generally, a landlord may terminate a lease without reason at the expiration of the lease term. That means your landlord is under no obligation to renew your lease or allow you to stay in the property for additional time unless you are able to invoke an anti-retaliation law.
889065
Tenancies do not automatically end when a tenant dies. If the tenant is the sole tenant of the premises (that is, they do not have any co-tenants), either the landlord or tenants' legal personal representative (the executor or administrator of the tenant's estate) may give a termination notice.
1257225
If you don't pay everything that you owe by the deadline, your landlord can apply to the Landlord and Tenant Board to evict you. ... Your landlord could also report your overdue rent to a credit reporting agency. This can affect your credit rating and make it harder in the future for you to rent a place or get a loan.
93624
A tenancy does not automatically end when a tenant dies and no one has inherited it. The landlord or the person looking after the affairs of the tenant who died can end the tenancy.
710362
For the lease to actually come to an end either: you formally surrender the tenancy if you choose to do so, or: ... the landlord may serve a prescribed notice proposing an assured periodic tenancy, where you pay a monthly rent.
706429
If they don't pay and they don't move out, you can formally terminate their agreement and they lose the right to occupy the dwelling. If your tenant isn't paying rent and won't leave, then you have to file an action with your local eviction court.
343958
When Your Lease Term Ends Generally, landlords must not accept rent or agree to new terms beyond the original lease term if they do not wish to renew the lease. Doing so could be interpreted by a court as a default extension of the lease, at least on a month-to-month basis.
1425903
In the Event of a Surplus If taxes in your area happen to go down or your payments are overestimated, you will have too much money in your escrow account at the end of the year. Your lender will then pay the appropriate amount to the municipality, and the remaining amount goes to you.
1368563
What happens at the end of the contract? At the end of your initial lease term, your options may include renewing the contract for one to ten years, upgrading to a newer solar system and signing a new contract, or removing the system.
870205
If the tenants move out at the end of the fixed term, the tenancy ends. It will no longer exist. ... Sometimes they may even put in their tenancy agreement a clause requiring the tenant to give notice if they want to leave at the end of the fixed term and providing for them to pay 'rent in lieu of notice' if they don't.
730979
When your tenant breaks a lease by leaving the rental property before the term expires, you have the right to collect the money you are owed. A lease agreement with a fixed term means the tenant owes you rent until you can lease the property out again to a qualified renter or the lease expires, whichever happens first.