Landlord Newsletter - June 26, 2012 - Lease Renewals

Dear Fellow Landlord,

In this newsletter:

• To Renew the Lease or to Not Renew...
  
• Free Lease Renewal Form
• Landlord Tip
  
• Ask the Attorney, Real Estate Attorney, John Reno
  
• Wealth Secrets and Success Quotes
  

Please e-mail us if you have any questions or would like to add or share any material / information. Have a great month!
John Nuzzolese
John@theLPA.com

I once said, "You think you know someone? You don't really know them until they've rented from you."
There are many aspects of a rental property or tenancy that you can upgrade.

• Upgrade in Tenant(s)
  The Notice of Lease Non-Renewal is a type of lease termination notice for a soon expiring lease you want to end with your current tenants. Most tenants expect to re-new the lease or stay on a "month to month" after the original lease expires, but this form tells them in a friendly yet business-like way to leave while not being harsh or too intimidating.

  Often we become "stuck" with tenants who may have started out alright, but start to go down hill after a while. We usually feel trapped into keeping them because it is just easier to put up with their annoyances than to replace them with a better tenant.
  You should not feel obligated to extend a lease and hold on to tenants who are not living up to their responsibilities or who are making your life more difficult than it has to be. The Notice of Lease Non-Renewal should be legally served to the tenant, mailed certified and regular mail.

  

• Upgrade in Lease Terms or Rules
  You may also decide that you'd love to keep yopur tenan, but feel you need to make some changes.
  This can be easily done by renewing your existing lease with a choice of easy to use ...

click for the full article...

The Notice to Renew or Vacate is a combination form which can be used as a lease renewal form or a tenant's notice to vacate. The form provides for a rent increase, as well as the preservation and extension of all the terms and conditions in the lease. The landlord should send this form to the tenant at least one or two months before lease expiration to give the tenant an opportunity to consider any rent increase and to respond with enough notice time to vacate or renew tenancy according to lease requirements.

Notice to Renew or Vacate

The Landlord Protection Agency® presents John Reno, Esq., a highly experienced Landlord - Tenant attorney based on Long Island, NY.

John Reno also does Mortgage Loan Modifications (Nationwide).
(Mention The LPA for a 10% discount!)

Dear Mr. Reno:
We are stuck in a 2 year lease. We still have one more year to go with our tenants. She has continuously complained about the most ridiculous things and has now called the Fairfax county to come and inspect our house. Regardless of this we would like to evict our tenant. We have told her to move out with her full deposit but she refuses. Instead she is making our lives a living hell. We don't know what we can expect from the County we are just waiting. Is there any way we can evict her? We have a lease and she pays rent on time. The only thing she has done is violated HOA 3 times and we got the notices on not cutting the grass, keeping the trash out and not maintaining the weed growth thru fence.

Is there any hope for us. I am pregnant and she has stressed me out in every way possible.

She continues to make complaints about our window screens which we believe are in good order but she wants them replaced. There is no mention in the lease can we just remove them?
Thank you,
Farida, Virginia

A: NOTICE TO ALL LPA MEMBERS: NO MORE 2 YR LEASES (Reason: this question) - Answer: No. There is no way out if she's current. (What if you hate the tenant like Farrida?)

If you have a landlord tenant problem you'd like to ask a question about, please feel free to e-mail me your question.
Submit a landlord / tenant question for Mr. Reno
Please try to keep your questions as short and to the point as possible.

"Keep away from people who try to belittle your ambition. Small people always do that, but the really great make you feel that you too can become great." - Mark Twain

"The more clarity you have, the more powerful your goals are." - Robert G. Allen

"Just one small tenant problem avoided can be priceless!" - John Nuzzolese, www.theLPA.com

"Risk Is Our Business." - Captain James T. Kirk

"How much did your last tenant problem cost you?" - John Nuzzolese, The Landlord Protection Agency

If you haven't already, please take the opportunity to sign up for The LPA's Quick Check Credit Reports! Quick Check is a simple, fast way to access online credit reports while saving you money!

Have you ever been beaten by a tenant on the rent? Most of us have and unfortunately, it is one of the costs of doing business as a landlord.
On the brighter side, remedies are available for many. If you have documented your tenancy with the proper paperwork including a rental application, lease agreement, late notices, etc., you may have a chance of collecting.

Credit bureau reporting is an option in which many modern landlords are beginning to participate....

Click here for the full article

How to Check your LPA Membership Expiration Date:

1. Be logged in with your LPA username & password
   
2. On the "Main Menu" (top right), click on "Your Orders" (right below your name)
   
3. The beginning date of your membership will be listed to the left of your membership order # in this format: YYYYMMDD
   

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