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Scenario: Resident is MtM and gave a notice...
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Nancy E
I would charge then the reletting fee and rent up to the time the unit is re-let or if still vacant, up to 60 days rent regardless of them residing there. This is within the confines of our lease.
Posted 5 years 4 months ago
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Hilltop
This should just be a forfeit of sec. dep. (if it is noted in lease that a 30 day notice must be given) if keys were turned in and they are on a mtm you can't charge for the next month.
Posted 5 years 4 months ago
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Nancy Alex
It is interputed as a calendar month because it states no proration for the last month of tenancy . Therefore it must be given on or before the 1st and out
by the last day of the month
Posted 5 years 4 months ago
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Michael Thomas Kwiatek
Bottomline, what is in your lease agreement. Does it clearly state that notice has to be given on or before the 1st, next question is it a 30 day notice or a full calendar month. Third, what does your Landlord Tenant Law state.
Posted 5 years 4 months ago
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Robert Tinning
Depends on the state. Are you using the NAA lease?
Posted 5 years 4 months ago
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Shawn Reynolds-Juarez
Nancy, I am in Michigan also. My understanding of MTM is that 30 days notice is required. So, in your case I would say to charge through 11/20 to equal 30 days notice rather than charge for all of November. Not sure how your lease reads, but I would call it a buy out fee or anything other than rent or you would have to refund any overlap.
Posted 5 years 4 months ago
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Scenario: Resident is MtM and gave a notice...
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