I wonder if anyone can explain this to me - I rent an apartment and my first 12 month lease ends at the end of this month. The lease has a clause that says if either me or the landlord don't want to renew, we have to notify the other party 45 days before the end of the lease (so, mid September). Otherwise, the lease says, "the lease will automatically renew for another year with the
same terms, covenants and conditions as under this Lease"
I was happy to renew, so the 45 day deadline came and went, and I said nothing, and heard nothing from the landlord. So I considered the matter settled for another year. But now, with a couple of weeks to go, he tells me he wants to increase the rent. It's not that much, and if he had asked before the 45 days I would have agreed. But on principle, can I say no to this? I would like to know where I stand before I get into it with him, because I really don't want to go looking for another place with only a couple of weeks to go. Is a clause like this binding, or do I have to agree to the increase even now?
same terms, covenants and conditions as under this Lease"
I was happy to renew, so the 45 day deadline came and went, and I said nothing, and heard nothing from the landlord. So I considered the matter settled for another year. But now, with a couple of weeks to go, he tells me he wants to increase the rent. It's not that much, and if he had asked before the 45 days I would have agreed. But on principle, can I say no to this? I would like to know where I stand before I get into it with him, because I really don't want to go looking for another place with only a couple of weeks to go. Is a clause like this binding, or do I have to agree to the increase even now?