Hi all, I need some help here to get the process right. Apologies in advance for the stream of questions but while Im experienced with periodic tenancies I didnt until now have any fixed. I have inherited a very badly completed fixed term tenancy. Tenant is absolutely fine however rent is below market. Fixed term expiry just states 12 months although start date is completed.
Questions:
Can I assume the 12 months expiry would be enforceable as being a calendar 12 months from start date i.e same date following year? or is this challengable? dont think they will but wasnt their error.
Can I issue a 60 day rent increase notice to coincide with the supposed expiry date? or do I need to issue it starting from the expiry date? and can I then assume the tenancy reverts to periodoc?
I have no issue with the tenant wanting a further fixed term at the increased rate but would like to know what my options are.
Thanks in advance and hoping this makes sense.
Louise
Questions:
Can I assume the 12 months expiry would be enforceable as being a calendar 12 months from start date i.e same date following year? or is this challengable? dont think they will but wasnt their error.
Can I issue a 60 day rent increase notice to coincide with the supposed expiry date? or do I need to issue it starting from the expiry date? and can I then assume the tenancy reverts to periodoc?
I have no issue with the tenant wanting a further fixed term at the increased rate but would like to know what my options are.
Thanks in advance and hoping this makes sense.
Louise
Comment