Clause for next year's rent in new lease

[Jennifer McElliott]

I downloaded a lease agreement (WA residential leases) to use and found an unusual section - has anyone else included this clause here around the new rent rate after the first term expires?

"TENANT'S HOLD OVER. If Tenant remains in possession of the Premises with the

consent of Landlord after the natural expiration of this Agreement, a new tenancy from month-

to-month shall be created between Landlord and Tenant which shall be subject to all of the terms

and conditions hereof except that rent shall then be due and owing at

______________________________________________________________ DOLLARS

($__________________) per month and except that such tenancy shall be terminable upon thirty

(30) days written notice served by either party."

Thanks!

[Jesse Stephenson]

The term Holdover means staying beyond your lease against the wishes of the landlord. The reason you make it expensive is because what if you had already signed a lease with a new tenant to move in a few days after the old tenant was supposed to be out? The nEw tenants are going to be pissed and expect you to reimburse them for their expenses and inconvenience.