Holdover Tenants: What to Do When a Tenant Stays Past the Lease Period

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Most tenancies go as planned; when the lease period ends, the majority of tenants either choose to move out or sign on for another year. In some cases, though, you may have a tenant who chooses to remain in the rental beyond the official tenancy period—also known as a “holdover tenant.” Understandably, having a holdover… Read more »

How to Handle Early Lease Termination

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All landlords want tenant stability. Tenant turnover can be a cash-flow killer, not to mention time-consuming. That’s why finding the right tenant is so important! However, despite your best efforts, you may have tenants who want to break their lease or move out right before the term expires. Here’s a look at how to handle… Read more »

The Pros and Cons of Month-to-Month Leases

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Landlords are faced with many important decisions when renting their properties, including the duration of the lease. Although all landlords would like to have stable long-term tenants, there are times when a month-to-month lease may be a better option than an annual one. A month-to-month lease lasts for 30 days and automatically renews at the… Read more »