Reply Tue 5 Feb, 2013 11:56 am
I have been in same place 31 years. In the last few years the property has been turned over to management company. My lease is yearly and is from Jan 1st to Jan.1st. Just received a letter that my lease is being terminated in order to generate a higher income from the property. No figures or anything. Just vacate before February 28. Is this legal ?
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Type: Question • Score: 4 • Views: 1,048 • Replies: 5
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Ragman
 
  2  
Reply Tue 5 Feb, 2013 12:46 pm
@Earlinnc,
Sounds a lot like you should contact a lawyer.
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joefromchicago
 
  2  
Reply Tue 5 Feb, 2013 12:48 pm
@Earlinnc,
Landlord-tenant relations are highly regulated and the rules vary dramatically across jurisdictions. Without knowing where you live, it would be impossible to guess the answer to your question -- and even then, you'd be better off talking to a lawyer in your community who is familiar with this type of situation.
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ochomefunding
 
  0  
Reply Wed 2 Oct, 2013 12:46 am
@Earlinnc,
Its not legal according to my knowledge. Get in touch with a lawyer at the earliest.
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laffeyhomes
 
  1  
Reply Fri 29 Nov, 2013 07:31 am
@Earlinnc,
Unless otherwise stipulated, community management has within their rights end the lease at the termination specified in the contract. Typically, tenants are notified within 30 days but this depends on what state you are. You may discuss this with the management company if they can provide you with options. But keep in mind that you still need to move out so don't waste time.
Ticomaya
 
  1  
Reply Fri 29 Nov, 2013 07:40 am
@laffeyhomes,
laffeyhomes wrote:
But keep in mind that you still need to move out so don't waste time.

That's a rather foolish thing to say, when you don't know what you're talking about.

The first thing to do is read the lease, and see what is said (if anything) about early termination. The management company may very well be acting outside the scope of its authority to terminate.
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