Month to Month Lease Structuring?
Is it possible to setup a month to month lease so that a 60 Day Notice to Terminate is required?
My leases are all year long leases. and one of my long term tenants is now asking for a month to month lease when his year lease ends soon. the property is located in a town with two large universities, so renting a unit during the school year is typically difficult. (all my leases roll in summer for this reason). I'd like to accommodate his request, but want to protect myself from getting stuck with him leaving in December or another time period that proves nearly impossible to find a new tenant.
any advice/suggestions?
thanks!
John