pricedoutJay
New member
Thank you in advance for your feedback.
qwerty said:When it comes to real estate everything needs to be in writing or it didn't happen. Business law 101
pricedoutJay said:Thanks for the feedback especially paperboy.
My original lease term was from Jan to Dec. Then it expired and never got renewed. This past summer, the owner wanted to sell, changed his mind, and raised the rent. So I asked if he could give me a lease agreement specifying what the term was going to be; either until this Dec and gets renewed again or from August 2015 til July 2016. He said that he would get me the doc but never followed up so far.
So I understand it's unclear.. believe me I wasn't sure either.
Background: I'm grateful that the owner didn't raise the rent for 2 years but I did my share of taking care of the house so that he doesn't have to worry about anything much. However, the fact that he was willing to raise the rent so much all over sudden, got met thinking that may be it's time for me to either move to different rental or get one on my own this winter or next year spring..
pricedoutJay said:Thanks for the feedback especially paperboy.
My original lease term was from Jan to Dec. Then it expired and never got renewed. This past summer, the owner wanted to sell, changed his mind, and raised the rent. So I asked if he could give me a lease agreement specifying what the term was going to be; either until this Dec and gets renewed again or from August 2015 til July 2016. He said that he would get me the doc but never followed up so far.
So I understand it's unclear.. believe me I wasn't sure either.
Background: I'm grateful that the owner didn't raise the rent for 2 years but I did my share of taking care of the house so that he doesn't have to worry about anything much. However, the fact that he was willing to raise the rent so much all over sudden, got met thinking that may be it's time for me to either move to different rental or get one on my own this winter or next year spring..
pricedoutJay said:Thanks peppy. I knew about that 60 day notice for 10% or higher hike.
So on your previous post, what you are saying is that since there was no 1 or 2 year lease term signed on a document, the texting agreement on a higher rent amount only decided monthly rental agreement?
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To clear any confusion, I am not trying to screw my landlord. However, because I feel like he (inadvertently) screwed me over by jacking up 25%(while it's still legal for him to do). I want to everything in legal way. So (I will talk to a real state lawyer or expert) I am trying to figure what legal issues or obligation I may have to deal with if I should decide to move on. Trust me. I don't want to move around. It's a pain. We've planning to buy a house but not quite there yet with 20% down payment and this sky rocketing price around Irvine. This is the biggest down side of being a house renter. One can be forced to move unexpectedly, which we tried to avoid but at this point, I rather pay the same amount to someone else for a bigger and newer rental until we buy our own finally...