Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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.
Georgia Real Estate Q&A Discussion Forum
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 4 years ago, 03/29/2021

User Stats

19
Posts
3
Votes
Sreeni Guntupalli
  • Investor
  • GA
3
Votes |
19
Posts

Automatic Lease renewal

Sreeni Guntupalli
  • Investor
  • GA
Posted

Hi:

My tenant in Cumming, GA has been living in my townhome for the past two years. We renewed the lease last year for 12 months ending 3/31/2021. This lease has a provision that it is automatically renewed for 12 months if either party doesn't communicate intent with a 60-day notice. As I wanted to keep him as a tenant, I didn't initiate any conversation until 30 days before the renewal. He has been asking for a re-paint of the whole townhome which is only two years old (and he has been living there for this whole time) after I started the conversation. I told him that I wouldn't do it as it is so new. He hasn't been in communications for the last couple of weeks.

My question to the gurus is - is my current lease good as is without additional renewal signatures with a new start/end date if he continues to make the rent payments? Am I protected if there is an issue down the line during the next renewal period? Please share any thoughts or suggestions. Thank you in advance.

Loading replies...