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I just got "Notice of Rent Increase". It is saying:
"A tenant does not have to sign a new lease when a fixed tenancy ends. If the tenant decides not to sign a new lease, the tenant does not have to move, but the tenancy becomes "month to month".
What does "month to month" mean? What rent rate should I pay if the fixed tenancy ends and I don't sign a new lease? Before increase or after increase? It should be on the monthly base?
Does it benefit tenant? One just pay the month he live?
"A tenant does not have to sign a new lease when a fixed tenancy ends. If the tenant decides not to sign a new lease, the tenant does not have to move, but the tenancy becomes "month to month".
What does "month to month" mean? What rent rate should I pay if the fixed tenancy ends and I don't sign a new lease? Before increase or after increase? It should be on the monthly base?
Does it benefit tenant? One just pay the month he live?