Maybe someone on here has dealt with this in the past. I'm actually in the same position with two different tenants ironically.
I didn't terminate either lease before the September deadline. Tenants did not send notice they would not be renting in 2020. I am making plans for 2020 now in conjunction with some minor CRP enrollment. Neither tenant will commit to renting. So it's this wierd situation where nothing was terminated, but there is no agreement nor any verbal commitment. As far as I can tell the law is ambiguous in this scenario. From my perspective, it's like shit or get off the pot... so to speak.
I'm not worried about renting it as I have several options.... just like to have things on order.
I'll talk to my lawyer of course, but anyone had similar situation?
I didn't terminate either lease before the September deadline. Tenants did not send notice they would not be renting in 2020. I am making plans for 2020 now in conjunction with some minor CRP enrollment. Neither tenant will commit to renting. So it's this wierd situation where nothing was terminated, but there is no agreement nor any verbal commitment. As far as I can tell the law is ambiguous in this scenario. From my perspective, it's like shit or get off the pot... so to speak.
I'm not worried about renting it as I have several options.... just like to have things on order.
I'll talk to my lawyer of course, but anyone had similar situation?