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Updated about 6 years ago on . Most recent reply

User Stats

66
Posts
17
Votes
Ally Kumar
  • Investor
  • Lutz, FL
17
Votes |
66
Posts

Inherited tenants, offer new month to month lease?

Ally Kumar
  • Investor
  • Lutz, FL
Posted

Inherited tenants who were on month to month lease and I gave them their 30 days notice of rent increase. They want to sign a new lease but I want to see what kind of tenants they are before offering them long term/12 month lease. If I offer them my new month to month lease, is it considered continuation of their previous tenancy to avoid short term rental? Can I use their previous month to month lease with new rent? Maybe offer 7 month lease to try them out? Suggestions please.

Most Popular Reply

User Stats

66
Posts
17
Votes
Ally Kumar
  • Investor
  • Lutz, FL
17
Votes |
66
Posts
Ally Kumar
  • Investor
  • Lutz, FL
Replied

@Karen F.

@Nathan Gesner

@Kelly DeWinter

Thank you all for taking the time to reply and for valuable advice. I have heard anything less than 6 months rental is considered short term rental and may have hotel/transient dwelling tax or other implications. I am not sure if it applies to month to month lease?

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