Tenancy-at-will, obviously, works better for the party that plans to quit the contract and generally is unpleasant for the person who has to make an unexpected change. Sometimes both parties are ready to part and all is well, but that’s just lucky. Landlords are hurt when tenants leave during non-peak rental times. Tenants are almost always hurt because moving has both up-front costs for security deposits plus the fuss and expense of moving.
As a renter and as a landlord, I preferred annual leases. I don’t like sudden changes. However, I also like permission to sublet. As a tenant, I sublet at least once (it was an September to August lease; I left mid-July and sublet to someone who stayed the next academic year.) That’s also how I run my rental unit; my tenants sublet and it has been no problem. What do you do as a tenant or as a landlord?
via Boston.com.
