I would like to know about lease agreement rules or any limitation for lease renewal. I have done 11 months lease agreement with my tenant and we have done 2 renewals for next 2 years(11 months each agreement) and after that taken 1 month gap and proceeded with another new agreement for next 11 months. This year we would like to continue lease and I have suggested to put another relative names of tenants in the new lease agreement.
Please let us know if any relative name will work for new agreement.
Also I have query if there are any laws for maximum renewals to same tenant and if there is any legal risk to landloard in terms from tenant in future.