When in shift from one apartment or condo to the next, many tenants have a space in between places to live. It's more common than you might believe. What do you do when the lease at your present place is up, however you can't move into your brand-new place for a few more days?
The very best choice to attempt initially, before putting your stuff into storage and pleading for a visitor bed or sofa from a friend, is to request an extension on your present lease. There's no assurance that you'll get one, however your landlord may be acceptable if they have not leased your home to another person yet.
How to ask
If you have an excellent relationship with your present proprietor and you've been a model tenant, your possibilities are much better for getting an extension. And, if there isn't a new tenant waiting to enter into your apartment or condo and it will sit empty for a while, you may simply get a lease extension so your property manager isn't out any loan.
When asking is to be professional, the essential thing to understand. They would be doing you a favor, so be respectful and considerate and going to negotiate.
Put it in composing
You might wish to send a formal lease extension letter which includes important info:
Your name, existing address and contact details
Date of lease extension request
The length of the lease extension
Reasons for extension
Date you need a choice, normally 10 days to 2 weeks
Putting your demand in composing also keeps a record should any issues develop throughout the extension period.
Timing is everything
Submit your request 30-60 days prior to your lease end date if possible. This provides your proprietor enough see so that when they discover the next occupant, they can set their move in date for when you've already left.
Give your landlord something in return
Be proactive in letting your landlord know that you're willing to pay for this extended time. Determine the everyday rate of lease you pay based on a 30-day cycle, then provide a pro-rated lease based upon the overall days of your extension.
This is an excellent location to begin, however don't be surprised if your landlord raises the cost of occupying the apartment during the extension-- it's a quite typical practice. Think about it like a convenience charge. The alternative to paying a little more is not belonging to stay, so it's worth it for just a short period.
Prepare ahead of time
To avoid the possibly awkward situation of asking for a lease extension toward completion of your time in the home, think about including a stipulation to your lease when you sign it that talks to this circumstance.
Frequently, the addition of this provision will include the length of time you can extend, a deadline to ask for the extension, as well as any change in lease that might take place. If it's in the lease to begin with, the property owner is bound to honor your request. This is something you can compose with your proprietor or sticks to state Renter Holdover standards.
Despite how you word it in your lease, it is necessary to review the entire document carefully to ensure you're safeguarded as the renter during your term of tenancy.
There's no warranty that your move-out date from your current location and your move-in date for your brand-new home will be the same. Lease terms vary, especially if you're moving during an off-period of transition. Dealing with your property owner to negotiate a lease extension is one of the best options to keep your tension levels in check throughout your move, so don't hesitate to find more info ask.