Can Form 2220 Renew 2024-2025

Hi, I'm Lindsey with Apartment Guide. If your lease is coming to an end, you might be considering what to do next. Should you renew your lease, go month-to-month, and stay, or move out? But can your landlord or apartment manager choose not to renew your lease? Actually, the answer is yes in many situations. A landlord is not required to extend or renew your lease, even if you would like to stay, unless your lease says otherwise. Management is typically within its rights to end the lease at its termination date, provided you've been given notice. Here are some of the reasons that might happen. The property is being sold or management is closing down a portion of the community for renovations. Sometimes, it's about the tenant. Your lease might not be renewed if you owe back rent or you've been consistently late in paying your rent. Or, you've broken rules spelled out in your lease. If you really want to stay, have a conversation with the manager and ask if it's possible. Perhaps you could move to a different building, or maybe you could have the rent auto-deducted from your bank in the future. If the entire complex is being sold, ask for a contact at the new management company. Then, ask them if you can sign a new lease and stay put. It's important to be proactive while you're waiting for answers and start looking for another place to live. Always have a plan B in case your lease won't be renewed.