Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago on . Most recent reply

User Stats

65
Posts
15
Votes
Jay Bob
  • New York, NY
15
Votes |
65
Posts

Lease updates for tenant

Jay Bob
  • New York, NY
Posted

My tenants are currently on month to month lease since December 2019. I promised them if they pay the rent on time for 3 to 5 months, I will give them one year lease. They have been paying on time and being a good tenants. I sent them email last month that on April 1, I will extend their lease for one year.

I'm afraid now to give them one year lease because of the coronavirus. The company I work for just closed and we dont know when we will reopen. Should I still give them one year as I promised? So far they have not reach out to say anything. Thank you for your feedback.

Loading replies...