Posts Tagged ‘lease’
Lease Renewal Allowed Even With Late Notice of Renewal
Question: Nearly five years ago we signed a lease for a 2,500 square foot office suite in a north Scottsdale office building. The five-year lease included an option to renew the lease for another five years, with six months’ notice prior to the expiration of the five-year lease. If the five-year lease is renewed, the only…
Read MoreLease of Mobile Home Not Canceled by Sale
Question: We moved to Surprise and listed for sale our mobile home, which is on a leased lot in a Wickenburg mobile home park. We would like to find a tenant for our mobile home for a few months until we can find a buyer. But most prospective tenants have said they want at least…
Read MoreTenant Has Option to Pay Advance Rent
Question: We own a condominium in Scottsdale. For the past 12 years we have rented this condominium to a Canadian couple for January, February, March and April. They paid the rent for all four months in advance, along with a $1,500 security deposit. The husband died this past year, however, and his widow did not want…
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