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Updated over 8 years ago on . Most recent reply

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Dave Haller
  • Saint Petersburg, FL
0
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Does anyone know the name of this agreement?

Dave Haller
  • Saint Petersburg, FL
Posted

I vaguely remember on the BP Podcast some conversations about a non-binding, code-of-ethics type agreement promoting mutual respect between a new landlord and tenant -- above and beyond the lease agreement. I like the idea of this. But I can't find a document like this anywhere, much less find the name of this document. Ring a bell to anyone else? 

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Account Closed
  • Retired Landlord/Author
  • Commerce Township, MI
1,038
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Account Closed
  • Retired Landlord/Author
  • Commerce Township, MI
Replied

In Michigan you don't have to have a reason to NOT RENEW one's lease.  

If it were an Annual Lease Agreement, that is different.  Thus, the reason I stated in my post M-T-M.

Foot Note:  I haven't seen a law yet that says a Landlord MUST renew someone's lease.  But I'm sure that will be coming.  

One more thought.

There is a different\ce between a Termination of Tenancy and a Non-Renewal of a Lease Agreement.

Termination of Tenancy means you need just cause, however a non-renewal of a lease, as a rule, doesn't need an explanation, but it is the right thing to do .

Nancy Neville

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