How Long Should a Lease Be?
We are often asked, “how long a lease should I have with my tenant?”. Some owners want a month-to-month because they can have possession of their property with only a 30-day (if they have been there less than 12 months) or 60-day (more than 1 year) notice. Others think a 2 or 3 year contract is best because they don’t have to worry about a renewal or finding another tenant in a year. Here is our policy (even though everything is negotiable): we prefer contracts that are 9 to 15 months in length.