Hi , had two year Lease of €900 rent pm that expired on 31-Oct. Agreed with landlord a New 1 Year Fixed Lease back in beginning of October for €1000 pm (current rent for houses in my area is €1100, i checked).
I have changed my mind regarding Lease and not signed the lease as I want to keep my options open . I have however forwarded on the new rent of €1000 on Nov 1st . Landlord has asked for the lease to be signed a number of times . I replied last week that I had signed the lease and would send it on , but I am not going to as I want to keep my options open.
Received letter from Landlord last week stating that as 1 Year Fixed has not been signed the Lease is now Month to Month and the Market rate of €1100 Rent per month will apply from Dec onwards and that the Security deposit needs to increase in line with monthly Rental i.e from €900 to €1100.
Can the Landlord legally do this , thought Landlord could only increase rent only every twelve months , my Landlord has increased the rent twice in one Month.
Don't want to leave now as too close to Christmas but if I did, how much notice would I have to give Landlord.
Regards Mamia123
I have changed my mind regarding Lease and not signed the lease as I want to keep my options open . I have however forwarded on the new rent of €1000 on Nov 1st . Landlord has asked for the lease to be signed a number of times . I replied last week that I had signed the lease and would send it on , but I am not going to as I want to keep my options open.
Received letter from Landlord last week stating that as 1 Year Fixed has not been signed the Lease is now Month to Month and the Market rate of €1100 Rent per month will apply from Dec onwards and that the Security deposit needs to increase in line with monthly Rental i.e from €900 to €1100.
Can the Landlord legally do this , thought Landlord could only increase rent only every twelve months , my Landlord has increased the rent twice in one Month.
Don't want to leave now as too close to Christmas but if I did, how much notice would I have to give Landlord.
Regards Mamia123