So, I signed up my tenants up to a one-year lease last May. From what I understand, I could have raised it then, but because we were travelling, I didn't want to deal with a potential tenant-loss just for a $100/mo increase. However, now I think the lease is automatically month-to-month right? Until a new lease is signed?
So, do I now need to give 3-months notice for a rent increase?
What if I wanted to move in, also a 3-month notice?
So, do I now need to give 3-months notice for a rent increase?
What if I wanted to move in, also a 3-month notice?