What Happens When Your Rental Agreement Expires

What Happens When Your Rental Agreement Expires

When your lease expires and you stop paying your landlord`s rent or use your last month`s rent to pay for your last rental period, you have effectively separated your lease as planned. For this reason, both the landlord and tenant can expect the property to be vacated on the date specified in the lease. Other expectations about the end of the lease, such as the owner`s right to show the property to future tenants and procedures for returning deposits, begin according to the definition of the lease or state law. In most cases, the period is monthly or weekly, depending on how the rent is to be paid under the terms of the lease. However, if the last rent payment was different – for example, if the tenant paid all the rent in advance by paying six months` rent – then the rental period reflects that last payment (so in our example, this will be a periodic six-month tenancy). Owner-tenant laws differ from state to state, but in many states, the landlord is required to comply with all the terms of the expired lease in a will, with the exception of the term of the lease. . . .

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