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A periodic tenancy agreement ? often referred to as a ?month-to-month? tenancy agreement ? does not have a pre-determined date on which it ends. The tenancy continues until the tenant gives proper notice to move out, or until the landlord legally ends the tenancy.
Landlord & Tenant Responsibilities Cannot request deposits based on rules and procedures used in other areas (for example, landlords can't ask for ?first and last month's rent? or ?key money?) Cannot increase the amount of a deposit with a rent increase.
For a month-to-month, or periodic tenancy agreement, a tenant must serve written notice to end the tenancy and make sure that it's received: At least one month before the effective date of the notice, and. Before the day that rent is due.
Landlords Should Also Consider... Ask for proof of identity. Thoroughly check all references. Contact previous landlords to ask about rental and payment history. Conduct a credit check to confirm income and financial suitability. Get the names of all persons to be living in the rental unit.
A good tenant, one who pays their rent on time, stays employed, manages their debts and finance, meets the lease rules, avoids personal problems and clashes with neighbors, and takes care of the apartment of the condo or house they're renting, is the cornerstone of a successful rental business.