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Updated over 1 year ago on . Most recent reply
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Tenant won’t sign lease /won’t pay security deposit.
I have a single family home that is occupied by a tenant at the end of a 1 year month to month agreement. Initially, We had a 6 month agreement at $1500 a month. They stayed the 6 months and then a year, so 18 months total at that rent. I expressed the need to raise rent given higher interest, taxes, and the need for improvements on the property (roof and decking need replacing). I offered a 6 month rent at $1800 with full security deposit. I got a lot of attitude and BS but no lease or security deposit. I have offered “cash for keys” ,$500, if they can move out and I’ve explained they have the right to vacate at any time. I think they will try to ride out the previous terms as long as they can because $1500 is cheap for a 3 bedroom in my area. I want to validate the lease I presented that is dated Oct. 1. I gave 30 days notice. This tenant complains about the condition of the house constantly, yet they will not move out. They have paid their rent but they have been late a few times. I appreciate any advice you could share.
Thanks
Most Popular Reply
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- Real Estate Broker
- Cody, WY
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Never rent without a deposit, even on a month-to-month.
You've allowed this tenant to walk all over you for 18 months and now it will be hard to change course.
I recommend you give them a 30-day notice of termination and make it clear that leaving is the only option. They can leave of their own accord, or you can evict them.
Start looking for an attorney.
- Nathan Gesner
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