Automatic renewal of lease in Virginia
This is a discussion on Automatic renewal of lease in Virginia within the Landlord vs Tenant Issues forum, part of the REAL ESTATE & PROPERTY LAW category; I reside in VA, currently my lease renewed on July 1 for another year. Each year I receive a letter ...
|POST NEW QUESTION|
||Thread Tools||Search this Thread||Rate Thread||Display Modes|
|Jul 15th, 2010, 12:20 PM||#1|
Join Date: Jul 2010
Automatic renewal of lease in Virginia
I reside in VA, currently my lease renewed on July 1 for another year. Each year I receive a letter explaining that its time to renew my lease and/or rent increasing from property mgmt. This year I didn't. However, my rent did increase I was informed of this after I paid the incorrect amount under the old(2009) lease agreement which I was informed hours later. I have yet to sign a new lease. My question.. if rent has increase is a new lease required in order for this to become effective. I am trying to find a way to provide my 60 days notice without breaking my lease. Here is the clause in my lease regarding the atomatic renewel......"AUTOMATIC RENEWAL OF LEASE, THIS LEASE WILL BE AUTOMATICALLY RENEWED FOR A ONE YEAR PERIOD UNLESS WRITTEN NOTICE OF TERMINATION IS GIVEN BY EITHER PARTY AT LEAST 60 DAYS BEFORE THE END OF THE ABOVE LEASE TERM OR RENEWAL OR EXTENSION PERIOD UNLESS ANOTHER LEASE IS SIGNED BY BOTH PARTIES.
|Forming an off-shore company? We can assist you in forming your company in 40 countries worldwide.|
|Jul 16th, 2010, 05:21 AM||#3|
Join Date: Jun 2009
Location: The North Pole, silly ;)
Re: Automatic renewal of lease in Virginia
Does it say anywhere in your lease that there is an automatic increase in rent for the new renewal term? Or did the LL provide you with a written notice prior to the expiration of the previous lease period to tell you that there would be a rent increase commencing upon the start of the new lease renewal period?
If it does NOT, then the rent you pay is exactly the same as with the prior lease term. The automatic renewal simply means that the lease will automatically renew, absent notice given by either party of their intent NOT to renew, at the SAME terms and conditions as the original lease.
You have the right to proper notice of a rent increase or decrease in services.
If you have signed a lease, your landlord cannot raise your rent until the lease expires. If you rent month to month, the landlord must give you a 30-day written notice before the increase in the rent or decrease in services. But if you are under an existing lease that will be automatically renewing, then it goes without saying that the LL should give you sufficient notice of any rent increase to allow you to consider that increase in whether or not to terminate the tenancy at the end of the current lease period. If no rent increase notice was given to you before the 60-day mark, then it would be assumed that the lease would renew at the SAME terms and conditions as the original lease since the time has passed to allow for a legal termination by either party.
|Bookmark & Share|
This thread has 2 replies and has been viewed 5329 times
|Thread Tools||Search this Thread|
|Display Modes||Rate This Thread|
|Thread||Thread Starter||Forum||Replies||Last Post|
|Automatic lease renewal (Virginia)||mskay||Landlord vs Tenant Issues||14||Jan 27th, 2015 09:39 AM|
|Overcharged on my credit by Norton antivirus (automatic renewal feature)||Unregistered||Online Purchases & Sales||5||Jan 28th, 2013 01:43 AM|
|The Lease ending in July and is not an automatic renewal -- Boston, MA||unregistered||Landlord vs Tenant Issues||1||Mar 29th, 2011 03:42 PM|
|Did not sign lease renewal but named on current lease--am I still liable?||Unregistered||Landlord vs Tenant Issues||2||Dec 31st, 2009 03:12 PM|
|Virginia: How do I legally carry an automatic knife in public?||Unregistered||Other Criminal Law Matters||1||May 10th, 2007 02:22 PM|