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Updated over 1 year ago,
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