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What would you do if your landlord gives you 30 days notice to vacate?

By
Real Estate Agent with RE/MAX Stars Realty

I am posting the question "What would you do if your landlord gives you 30 days notice to vacate your rental?". The reason I am asking this question is becaue this exact situation is happening across the United States of America and it has been happening in record numbers over the last 2 years. There are literally thousands of tenants who are essentially being kicked out of their rentals because the landlord has an opportunity to sell that rental home and make a sizable profit. There are even cases where the landlord wants the tenant to move out so that they can lease the home to a different tenant at a much higher monthly rental rate.

Are you wondering what is causing this to happen and why some landlords want their tenants to move out? The change in motivation is mostly due to the higher than normal demand for real estate. Available rentals are in short supply and there is still a significant shortage ot available homes to buy and pricing is still up in most parts of the country. Most of the people who are being notified to vacate their rentals have expired leases. If you are renting a home or apartment and your lease has expired, you may not be safe and your landlord might require you to move. If you want to try to avoid getting kicked out of your rental you want to ask your landlord to renew your lease for another year even if it means you have to agree to a higher monthly rent.

Thanks for watching!

The Sam Miller Team of REMAX Stars Realty 710 South Main Street Mount Vernon, Ohio 43050 740-397-7800 http://www.SamMillerSells.com

Comments(2)

Joe Jackson
Keller Williams Capital Partners Realty - Columbus, OH
Clintonville and Central Ohio Real Estate Expert

This is an excellent post with great information. Thanks for sharing it.

Have a super fantastic week!
Joe Jackson, Realtor-KWCP

Dec 16, 2022 04:14 AM
Sam Miller

Thanks Joe!  This seems to still be happening in a lot of markets - Sam 

Dec 16, 2022 05:26 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hello Sam - upfront preparation is necessary but unfortunately it isn't common. Both at the individual level and as the "playing field" size increases.   I wonder how we "can fix" this?  Beyond the rhetorical question, the answers certainly vary, don't they?   

Dec 16, 2022 06:28 AM
Sam Miller

Hi Michael, Thanks for commenting!  If the buyer wants to keep renting that apartment or home it makes sense for them to not let the lease expire.  There was a time when buyers couldn't wait for their lease to expire and today many are worried that their landlord will give them notice to vacate - Sam 

Dec 16, 2022 09:04 AM