Hello All
I have a 2-year lease from 10/01/2013 to 09/30/2015. My landlord gave me the lease renewal forms beginning of June with the old rates before yesterdays vote. The rates being 1% 1-yr and 2.75% 2-years. I know that I have 60 days to sign and return the lease renewal. I of course have not signed them yet.
Since the vote yesterday with the new rates. I have a couple of questions.
1. Do these new rates apply to my lease renewal?
2. Can I inform the landlord that he needs to redo the lease renewal as the rates have now changed?
3. If the new rates apply to me does that mean when he gives me the revised lease that I have an additional 60 days?
Any help be appreciated, or if you can refer to any links. Since I only have 30 days to decide?
Thank You