Week to week leasing : ezLandlordForms

Start a new topic

Week to week leasing

Wanda B

started a topic over 7 years ago

I have potential tenants who would like to pay weekly. I have a few concerns: 1. If my lease is weekly I am not required to adjust payments based upon how much I would have wanted if the lease was monthly or do I generate a monthly lease and break down the rent in weekly payments? 2. A weekly lease equates to weekly notice of termination? Has anyone ever done one and is it worth my time to consider it?

1 Comment

Bea S

said over 7 years ago

I would keep your lease to be a month to month or yearly lease term and then add that payments will be made weekly. When I first started renting I did it that way so my tenants would pay on time. So instead of paying the full 1800 a month they would pay 450 a week, but the lease would not expire for a year.