Brooklyn, NY asked in Real Estate Law for New Jersey

Q: After my one year lease expired , it is right , in order to stay as a month to month to pay $100 per month ?

My landlord said that in order to stay after my lease expired to sign a month to month lease and pay $100 each month if I don’t want to renew my lease again , I’m leaving here for 7 years and never hear about this new agreement ! This is a new Managment , or renew my lease and pay 500 and move whenever I want but I have to give 60 days notice

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1 Lawyer Answer

A: This is not a legal issue but a business decision you need to make. Either choice would be legally valid. Just make sure which ever choice you make, it is reduced to writing and signed by both you and the Landlord.

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