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Updated over 6 years ago on . Most recent reply

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28
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0
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Darrick Lowe
  • Brooklyn, Ny
0
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28
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Month-to-month no lease tenants

Darrick Lowe
  • Brooklyn, Ny
Posted

I've been seeing a lot of properties with no lease month-to-month (no prior/expired lease) tenants in place (for example, in a basement. What would compel a landlord to take on a tenant without a lease (other than extra rent)? Do you just tell the tenant that you have a space they can live on the cheap, no credit check, no background check, LL can raise rent whenever he/she wants, and you need to leave with 30day notice? Again, this seems very common in the outer boroughs of NY for low income families, and am just curious.  is eviction easier than for a tenant with an expired lease, for example?

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