Difference between revisions of "Renewing or Terminating Your Lease"
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| − | According to the terms of your Apartment Lease, your lease term automatically renews every year on the renewal date for an additional 12 month term. Near the end of any lease term, you have the option to either extend your lease for another term, or terminate it at the end of the current term. We unfortunately do not allow renewals on a month-to-month basis, or for periods of less than 12 months. | + | According to the terms of your Apartment Lease, your lease term automatically renews every year on the renewal date for an additional 12 month term. '''We strictly enforce notice requirements, so please read this page carefully.''' Near the end of any lease term, you have the option to either extend your lease for another term, or terminate it at the end of the current term. We unfortunately do not allow renewals on a month-to-month basis, or for periods of less than 12 months. |
== Extending Your Lease == | == Extending Your Lease == | ||
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== Ending Your Lease == | == Ending Your Lease == | ||
| − | If you wish to end your lease at the end of its current cycle, you must mail a signed and dated letter to us a certain number of days prior to your renewal date. Typically our leases require | + | If you wish to end your lease at the end of its current cycle, you must mail a signed and dated letter to us a certain number of days prior to your renewal date. Typically our leases require 90 days advanced notice, however some leases have an addendum which extends this notification period to 120 days. To terminate your lease, you must provide us with written notice using this [http://downtownian.com/files/notices/Notice_of_Intent_to_Terminate.pdf Notice of Intent to Terminate]. We recommend you send your notice by certified mail with a return receipt request. Please read your lease carefully to determine when you must deliver written notice to us. Once you have given us notice of your intent to move out, see [[Moving Out|Moving Out]]. |
== Changing Your Lease == | == Changing Your Lease == | ||
| − | If you would like to stay in your lease but would like to change a roommate, see [[Changing Roommates|Changing Roommates]]. If you renew but need to end your lease before its next recycle date, see [[Early Lease Termination|Early Lease Termination]]. | + | If you would like to stay in your lease but would like to change a roommate, see [[Changing Roommates|Changing Roommates]]. If you renew but need to end your lease before its next recycle date, see [[Early Lease Termination|Early Lease Termination]].<span style="color: rgb(0, 0, 0); font-family: sans-serif; font-size: 13px; line-height: 19.90625px;"> </span> |
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Revision as of 17:21, 20 November 2013
According to the terms of your Apartment Lease, your lease term automatically renews every year on the renewal date for an additional 12 month term. We strictly enforce notice requirements, so please read this page carefully. Near the end of any lease term, you have the option to either extend your lease for another term, or terminate it at the end of the current term. We unfortunately do not allow renewals on a month-to-month basis, or for periods of less than 12 months.
Extending Your Lease
If you wish to continue your apartment lease, do nothing! The lease will automatically “recycle,” which is our way of saying it’s renewed, or good for another cycle.
Ending Your Lease
If you wish to end your lease at the end of its current cycle, you must mail a signed and dated letter to us a certain number of days prior to your renewal date. Typically our leases require 90 days advanced notice, however some leases have an addendum which extends this notification period to 120 days. To terminate your lease, you must provide us with written notice using this Notice of Intent to Terminate. We recommend you send your notice by certified mail with a return receipt request. Please read your lease carefully to determine when you must deliver written notice to us. Once you have given us notice of your intent to move out, see Moving Out.
Changing Your Lease
If you would like to stay in your lease but would like to change a roommate, see Changing Roommates. If you renew but need to end your lease before its next recycle date, see Early Lease Termination.
