Answers general questions about residential real estate in Florida. More specific answers for the southwest area of Florida - Naples, Bonita Springs, and Estero Florida - Collier and Lee Counties. Will not answer any questions about commercial real estate or business brokerage.
Experience
Experience in the area: I have held a Florida real estate license since 1995 and Florida mortgage broker license since 1996. I have specializes in the residential real estate market as a full-time REALTOR since 1996. Currently a member of the Legal Resources Committee of the Naples Area Board of Realtors.
Organizations Naples Area Board of Realtors, Lake Placid Board of Realtors, Florida Association of Realtors, National Association of Realtors
Publications Have been interviewed by the local NBC, ABC, and FOX affiliates about correcting erroneous information on credit reports, local real estate market conditions, and foreclosures. Glenn authors Naples Real Estate Blog
Education/Credentials Bachelor of Science Degree in Accounting from Bentley College, Waltham, Mass.
Post graduate courses at Nova University.
Awards and Honors 2007 Best in Client Satisfaction - Real Estate Agent by Gulfshore Magazine.
2006 Best in Client Satisfaction - Real Estate Agent by Gulfshore Magazine.
Question Hello Glenn!
I have a tenant in an apartment in Miami Beach. He signed a lease agreement for 1-year but he wants to rent it month by month after the lease expiration. Is the lease converted by law into month by month? should we sign a new agreement? should we sign an addendum to our current agreement?
Thanks,
Maria
Answer Hi Maria,
Within the lease agreement, there is a clause which may or may not address the continuation of the lease on a month to month basis or tenant at will.
You should reread over the lease agreement and determine if the clause is within the lease agreement and follow what is stipulated within that clause.
Using a new lease agreement would enable you to hopefully have the tenant for another year if you so desire, which might be financially to your advantage.
An addendum adds something to an agreement prior to parties signing the agreement, so it would not be applicable in this case.