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Contract Renewal
SteveDrums
Posts: 39 Forumite
Can you settle an argument for me please?
Contact renewal for a tenancy, can the wording of that contract be altered if it is between the same parties or does renewal mean 'same contract, just extended'?
Thanks in advance.
Contact renewal for a tenancy, can the wording of that contract be altered if it is between the same parties or does renewal mean 'same contract, just extended'?
Thanks in advance.
0
Comments
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'renewal' actually means agreeing to a brand new, separate tenancy and therefore all the terms may change if the parties agree.0
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if you do nothing it becomes a continuation of the previous agreement but (normally) requiring 2 months notice to quit from either side, this is a periodic tenancy. The initial let is usually fixed term. If you issue and tenant agrees to, a new contract, then yes it could be completely different.Mr Generous - Landlord for more than 10 years. Generous? - Possibly but sarcastic more likely.0
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Depending on why you are asking the question - you can make the wording more explicit, if you want to. For example, "Contract renewal on the same terms as the current contract".0
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I think I've got the answer. But yes, to be clear it is a new document that would be signed by all parties. (ie; at the end of the year term, for tenants to remain in situ). So, in essence it's a renewal of the same tenancy but with one or two added clauses.0
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Read:
* Ending/renewing an AST: what happens when a fixed term ends? How can a LL or tenant end a tenancy? What is a periodic tenancy?0 -
SteveDrums wrote: »I think I've got the answer. But yes, to be clear it is a new document that would be signed by all parties. (ie; at the end of the year term, for tenants to remain in situ). So, in essence it's a renewal of the same tenancy but with one or two added clauses.
The nature of which are what?0 -
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You could have asked a clearer question.0
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SteveDrums wrote: »A fellow Saints fan! Happy Days.
The agents have snuck in a renewal charge, that's the biggest issue. - I didn't know, neither did anyone else, apparently.
Then try and negotiate it out/down before you sign. Although your last sentence leads me to think you may have signed before you read it!0
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