Lease Time Period and Month-To-Month Leases

Lease Time Period And Month -To- Month Leases:

  Normally, written lease will last for a fixed period of time, typically six months or one year. The advantage of having a lease with a fixed term is that it protects you from rent increases and changes in the terms of the lease during that time. The landlord has the advantage of being assured they will receive rent for that period of time. One disadvantage of having long-term lease is that you are obligated to the terms of the lease for the entire lease period, unless the landlord substantially violates the lease or agrees to terminate the lease.

  No matter who terminates the lease, you should always keep a copy of the notice of termination as proof. See "Termination and Moving Out." 

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