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Updated over 3 years ago on . Most recent reply

User Stats

54
Posts
26
Votes
Tim Lucas
  • Investor
  • Redmond, WA
26
Votes |
54
Posts

Do I have to continue a lease month-to-month?

Tim Lucas
  • Investor
  • Redmond, WA
Posted

Can I stop renting to tenants after the 1 year lease is up, or do I have to let it convert to a month-to-month until they choose to move out? 

-Current lease 9/1/20 - 8/31/21
-Converts to month-to-month after that per the lease agreement
-I'm increasing rents 11/1 (can't do it before that because 90 days notice is required.) They told me they plan to move out by 11/1 to avoid the higher rent
-But I'd rather get it rented in September at a higher rate
-OS Bar says "If your tenant has lived in the dwelling for more than a year, you cannot terminate the tenancy for no cause unless you have a “qualifying landlord reason.”" (I don't per their definition)

I'm not sure if I can find a new renter when the lease ends or if I have to let the tenants continue on the month-to-month lease until they choose to leave.

(I hearby hold harmless any recommendations and realize that nothing said here should be taken as legal advice)

Most Popular Reply

User Stats

54
Posts
26
Votes
Tim Lucas
  • Investor
  • Redmond, WA
26
Votes |
54
Posts
Tim Lucas
  • Investor
  • Redmond, WA
Replied

@David Avery thanks! I will likely wait until they choose to leave, hopefully at the end of their 1 year lease or at the latest 2 months into their month-to-month. OR law says I can only increase from $1700/mo to $1850 (about 9%) if I end the lease. If they leave voluntarily, I can rent it at market, around $2,000 - $2,100. Because the tenant broke up with her boyfriend mid-lease, then found a new roommate, it's been at this price a year and a half, though this lease itself is only a year old. It's gotten to be well under market. But OR doesn't let you end a lease and raise it to market for the next tenant unless the existing tenant leaves on their own.

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