What does a double mean in renting terms?

What does a double mean in renting terms?

Rent payable by a tenant who continues in possession after the time for which he has given notice to quit, untilthe time of his quitting possession.

What is the meaning of double net lease?

A double net lease (also known as a ‘net-net’ or ‘NN’ lease) is a lease agreement in which the tenant is responsible for both property taxes and premiums for insuring the building.

When does a landlord have to give notice of end of lease?

If a landlord would like to end a lease when its term expires, some states require the landlord to give notice to the tenant even though the lease already specifies the termination date. 60 days is usually a sufficient notice for a tenant to search for a new rental. What happens if a tenant continues to pay rent after a lease agreement expires?

Can a landlord terminate a lease after 60 days?

Yes. A landlord may choose to terminate a tenancy at the end of a lease. If a landlord would like to end a lease when its term expires, some states require the landlord to give notice to the tenant even though the lease already specifies the termination date. 60 days is usually a sufficient notice for a tenant to search for a new rental.

What happens at the end of a lease?

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. If a tenant continues to pay rent after a lease ends, in most states the terms of the expired lease carry over into a month-to-month tenancy.

When does a landlord release a tenant from a lease?

Leases are generally granted for a fixed period of years known as a term. The lease term can only be ended early by the tenant if, prior to entering the lease the landlord has agreed that the tenant has an option to do so, or, the landlord later agrees to release the tenant from the lease before the term has expired.

When does a landlord have the right to end a lease?

They can end a lease if they receive a permanent change of station or a deployment order that will last at least 90 days. Written leases usually do not auto-renew, so the tenant needs to move out by the end of the lease. If a tenant does not move at the end of the lease, the landlord has the right to evict the tenant.

Do you have to give a month’s notice when your lease ends?

The notice must tell the landlord that you are moving out when the lease ends. Also, unless the lease says otherwise, the landlord must give you at least one full month’s notice before the end of the lease to terminate a yearly lease so that the landlord can raise the rent or change other terms of the lease.

Can a landlord change the terms of a yearly lease?

Also, unless the lease says otherwise, the landlord must give you at least one full month’s notice before the end of the lease to terminate a yearly lease so that the landlord can raise the rent or change other terms of the lease. Remember, you cannot be evicted just because the landlord ends your lease.

When does a landlord have to notify a tenant of the termination of a lease?

The landlord may terminate the rental agreement by notifying the tenant, in writing, at least 45 days in advance of the anticipated termination. The tenant may terminate the rental agreement by notifying the landlord, in writing, at least 28 days in advance of the anticipated termination.

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