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What happens if rent agreement is not renewed ? If the rental agreement is not renewed then the tenant is legally required to vacate the property which he was occupying. The landlord will recover the possession of the flat.
In Wisconsin, the landlord must not terminate, refuse to renew a lease, or fine a tenant for complaining to the landlord regarding the deposit, complaining to a government agency, or exercising a legal right.
Dear (Landlord's name), This letter is to inform you that I do not intend to renew my lease. As per the laws of the State of (insert state), this is my (insert number of days) notice of non-renewal stating that I will be leaving my apartment on (date), which is the end of my current lease.
The landlord can give the tenant a five-day notice to pay or vacate. This notice informs the tenant that the tenant has five days to either pay rent or move out of the rental unit, or the landlord will file an eviction lawsuit against the tenant.
Ordinarily a lessor is not in a position to challenge or unreasonably deny an extension of lease which is validly sought by a lessee - the lessor is treated as having agreed to lease the property for the total duration contemplated under the original Lease Deed.
Wisconsin Legislature: 704.19. 704.17(1p)(b)2. 2. The landlord gives the tenant notice requiring the tenant to vacate on or before a date at least 14 days after the giving of the notice.
Wis. Stat. 704.15 says that a landlord must give written notice to the tenant within 15-30 days before when the tenant's non-renewal notice is due, informing the tenant of their right to stop the automatic renewal process.
In most situations, a landlord is not required to extend or renew a lease. They can change any of the terms and conditions, including the rent price. They can also end ask you to leave the property when your lease is over and they don't need a reason.