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Updated 6 months ago on . Most recent reply

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71
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Amending a one year lease to a two year lease

Margharita Silva
Posted

Hi everyone. 

I have two questions: 

1) I asked on this platform before about disputing a condo building lease fee which was $500 per lease. I was hoping to get other owners to join me in protest but no one seems interested. 

I originally understood it to be per year but it is per lease. I signed a year lease with the tenant already and the management suggested that i extend the lease to a two year. I am a bit uncomfortable with it (the tenant is good so far will be his 3rd yr this year but you never know) but thought it can work if I can offer to release him in a year if he chooses.

How do I amend the lease? How does asking him a year early would work if he or i wanted? 

2) The unit which is a studio has a small bathroom which has a small ventilation from the building. (high rise condo) The vent does not work and as a result humidity damaged the ceiling. The super came and said it is because of the wrong paint used not the vent. They asked $250 to paint the ceiling with the good paint. I contacted the management and asked when the ventilation will be fixed. They did not answer this nor owned up to it and insisted its the paint but suggested they can pay the $250 now and if in a year the ceiling is damaged again i can pay them back? I think they need to eat this and also fix the ventilation system. Am i wrong ? 

Thank you !!

 

Most Popular Reply

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1,070
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James Mc Ree
  • Rental Property Investor
  • Malvern, PA
809
Votes |
1,070
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James Mc Ree
  • Rental Property Investor
  • Malvern, PA
Replied

I think most of what you are asking is impossible for anyone here to reliably answer without more information and you should probably consult an attorney if you think it is worth it. You are disputing a condo agreement we do not have and we know nothing of your paint and vent beyond what you say.

Regarding amending the lease, it can be a simple document you and your tenant sign stating that you are amending the term of the lease to be 2 years, and the tenant has an option to terminate the lease at 1 year.

Regarding the bathroom, if it has a tub or shower and no other ventilation, I would go with the vent fan as the root cause. If the existing ceiling paint is damaged, the ceiling must be scraped, repaired and painted. Obviously, they should use the correct type of paint when they do it. I think you are both right: fix the vent fan and paint.

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