Landlord Consent To Assignment Of Lease In Montgomery

State:
Multi-State
County:
Montgomery
Control #:
US-00241
Format:
Word; 
Rich Text
Instant download

Description

In this form, the landlord consents to the assignment of a certain lease by the current tenants. The landlord acknowledges that all covenants and conditions of the lease and amendments have been performed and observed at all times prior to the effective date of the assignment and the lease is not in default in any respect. It is also stated that the lease will be in full force and effect until it is scheduled to expire. The executed instrument must be signed in the presence of a notary public.

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FAQ

The Maryland lease termination letter is used to terminate a rental agreement that renews on a monthly basis. Landlords are required to give tenants 60 days' notice before the lease officially ends, while tenants are only obligated to give 30 days' notice.

Weekly Leases - One week of notice. Monthly Leases - One month of notice. Yearly Leases - Three months of notice. If the landlord is working with a farm tenancy, the period is extended to six months of notice.

If a landlord does not want to renew a tenant's lease, the landlord must provide a 60-day notice to vacate. This requirement applied to month-to-month leases, long term leases, multifamily and/or single family rentals. The landlord is not required to state a reason for the notice.

Section 29-27(w) of the Montgomery County Code requires that all licensed landlords attach the Lease Summary to each new lease.

“Assignment" means that another person takes over your lease obligation and your relationship with your landlord. If you are able to “assign” your tenancy, your relationship with the landlord will be legally finished and you will not be responsible for any future payments to your landlord.

Standard Notice Periods for Ending a Lease as a Tenant Month-to Month Leases – Typically, a month-to-month lease requires 30-days' notice from the tenant. However, some leases may stipulate up to 60-days' notice. Annual Leases – A standard 12-month lease usually requires 90 days' notice.

29-53, Voluntary Rent Guidelines - Review of Rent Increases, the County Executive must issue annual voluntary rent increase guidelines not later than March 1 of each year and publish the guidelines in the County Register.

Under current state law, landlords may utilize the “Tenant Holding Over” (THO) eviction action in District Court, under Real Property § 8-402, after expiration of the lease. This statewide statute does not require a landlord to demonstrate any reason for the decision to terminate or non-renew the lease.

Note: Under current law, a landlord may refuse to renew a one-year lease or longer for any reason, including retaliation EXCEPT for certain government-subsidized tenants. Talk to an attorney for more information.

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Landlord Consent To Assignment Of Lease In Montgomery