A West-End woman is warning tenants to know their rights after she says she unwittingly signed a fixed term lease.
It comes as critics charge the contracts are being used to dodge annual rent increase limits.
“And they said the only difference is the different letterhead at the top.”
After Sarah Venn’s building was recently sold the new property managers visited the tenants proferring new lease agreements.
Venn says she’s been month-to-month for years and didn’t realize the new document included a “move out” clause at the end of the year.
“Frankly I was quite relieved to be signing a lease — because I though the building was going to be torn down and we were all going to be evicted. And I really like my apartment and I didn’t want to leave, and so I quite eagerly signed it.”
But the property manager says the leases were voluntary, and that it explained the terms clearly to all tenants.
Fixed-term leases have come under fire, with critics saying they leave tenants vulnerable to eviction or major rent hikes.