When in transition from one home to the next, many tenants have a space in between locations to live. It's more common than you might believe. What do you do when the lease at your existing place is up, but you can't move into your new location for a couple of more days?
The finest option to try first, prior to putting your things into storage and asking for a guest bed or couch from a pal, is to request for an extension on your existing lease. There's no assurance that you'll get one, however your proprietor may be agreeable if they haven't rented your apartment or condo to somebody else.
How to ask
Your chances are better for getting an extension if you have a great relationship with your existing proprietor and you have actually been a model tenant. And, if there isn't a new renter waiting to enter into your apartment or condo and it will sit empty for a while, you might simply get a lease extension so your proprietor isn't out any money.
The important thing to know when asking is to be professional. They would be doing you a favor, so be respectful and considerate and happy to negotiate.
Put it in writing
You may want to submit a formal lease extension letter that includes essential info:
Your name, present address and contact info
Date of lease extension demand
The length of the lease extension
Factors for extension
Date you require a choice, generally 10 days to 2 weeks
Putting your request in writing also keeps a record should any issues occur during the hop over to this website extension period.
Timing is everything
If possible, submit your request 30-60 days prior to your lease end date. This provides your property manager enough see so that when they discover the next occupant, they can set their relocation in date for when you have actually currently left.
Offer your proprietor something in return
Be proactive in letting your proprietor understand that you want to pay for this extended time. Calculate the daily rate of rent you pay based on a 30-day cycle, then offer a pro-rated rent based on the total days of your extension.
This is a great place to start, but do not be surprised if your landlord hikes up the expense of inhabiting the home throughout the extension-- it's a quite typical practice. Think of it like a benefit charge. The option to paying a little bit more is not having a place to stay, so it's worth it for just a short period.
Prepare in advance
To avoid the potentially awkward situation of asking for a lease extension toward the end of your time in the home, think about including a stipulation to your lease when you sign it that speaks with this scenario.
Typically, the addition of this stipulation will consist of the length of time you can extend, a due date to request the extension, in addition to any change in rent that may occur. The proprietor is obliged to honor your demand if it's in the lease to start with. This is something you can write with your property owner or follows state Tenant Holdover guidelines.
Regardless of how you word it in your lease, it is essential to check out the whole file thoroughly to guarantee you're safeguarded as the tenant during your term of tenancy.
There's no warranty that your move-out date from your existing location and your move-in date for your brand-new house will be the same. Lease terms vary, especially if you're moving throughout an off-period of shift. Dealing with your property manager to negotiate a lease extension is one of the best options to keep your tension levels in check throughout your relocation, so don't hesitate to ask.