The standard lease in one year, and you are correct it does depend on what the landlords want and needs. Landlords love great tenants so most would renew with you for another term. If your interested in staying in a rental for a longer period of time, why not look for a rent to own type of deal if your financial situation allows? This way, maybe some of that rental money can go toward the purchase price of a home and you are now a homeowner as opposed to a renter. Just a possible scenario to look into...
Best of luck!
Most standard leases begin with a year. I would most definately use a Realtor to rent and make sure that they check the financial backgroud of the property. The last thing you want is to rent and find out that the LL is also headed into foreclosure and that is the risk that you take by trying to find a rental on your own.
Francesca Patrizio, Broker Sales Associate
William F. Troy
Pre-foreclosure Specialist Mastery Certification
RDC PRO, SRES, e-PRO, CDPE, Luxury Home Team
Veltri & Associates Realtors
121 Washington St.
Toms River, NJ 08753
Office-(866)483-5874 ext. 422
If you find a property to lease that belongs to an investor who has bought it as a lease property, he will be delighted to have a good long term tenant. Your Realtor can help you determine the status of the owner.
A lease is typically one, and sometimes two years at a time. The lease will need to be renewed periodically, with the possibility of a rent increase, at the end of the term of the lease.
Some landlords prefer a longer term tenant so they don't have to draw up a new lease again at he end of the term or incur the expense of preparing the unit for a new tenant . Perhaps you could discuss this option upfront with each landlord of properties you are interested in to determine if they would consider a longer lease period.
Good luck to you!
Prudential Connecticut Realty
Most landlords would be happy to sign a multi-year lease. It guarantees the landlord that he will keep the property rented so unless there is a specific reason to have you out in a year, most landlords would gladly sign a multi-year lease.
If you need help finding a rental in the area, I would be happy to help.
Good luck to you,
Unwavering Commitment to Service, Unsurpassed Results
Once you have a lease in NJ, the landlord must offer you a renewal unless he/she intends to use it for personal use or you have in some way violated the terms of your lease during the current lease term. There is an automatic renewal clause in all NJAR leases, fyi.
If this is a big concern for you, there are many places which are purely rental communities. You'd be safe there (again as along as you abide by the terms of your lease.)