This does not have to be non payment - it can be a lapse in insurance, non payment of taxes, etc.

You might check with the water municipality and find out their policies on how many months they let it lapse before placing a lien on the property, and/or shut it off.

There is an additional time period that lapses after the sale date, which provides time to clear redemption periods of all junior lienholders, then a Public Trustee's Deed is issued to the prevailing party.

If your landlord is trying to get a money judgment against you on top of tossing you out and you go to court and bring up the lapsed license the court will not enter a money judgment against you for rent accrued.

I've also since discovered that the licensing, bonding, and insurance of his remodeling & renovation firm have all lapsed.

My point is that I expected there to be a new one-year lease, not just a fee earned for a conversion to month-to-month status because the lease lapsed on its own.

Being a certificate holder means that you will get a notice if the policy ever lapses or is terminated for any reason.All apartment buildings in the metro areas require this of their tenants.

Same for insurance - if the homeowner lets their insurance policy lapse, the lender will go ahead and take out a policy for the home, adding the cost to the delinquent amount of payments owed.  

I was a realtor for several years but I let it lapse.

That's because there are no tax consequences to the seller until the option lapses or is exercised.If the option is exercised by the buyer (that is, the buyer buys the real estate), the sale proceeds for purposes of determining your gain on the sale of the land includes the amount you received for the option.4.