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Updated almost 6 years ago on . Most recent reply

Asking quick question about month-to-month lease
Hi all,
My question regards month-to-month leasing. I have a tenant in my newly purchased rental property and she's been on a month-to-month lease for the past 5 years under former ownership. Do I need her to sign the lease every single month? Or is it fine to just have her sign it once unless something changes?
Most Popular Reply

Keep in mind the length of a lease has no bearing on how long a tenant stays. They leave when they choose regardless of a lease.
I prefer M2M. Draw up your own new lease, M2M, to include everything you want and have her sign it. It will automatically renew every month without resigning . To do your annual rent increase you simply send out a notice of the new rent and when it begins. You do not need to sign a new lease every time you raise the rent. The notification is all that is needed.
Your tenant can sign a longer lease if she chooses however there is no advantage for you as the landlord to use a longer term lease. If she has been there for 5 years on M2M where do you see a 1 year term as being a improvement.