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  1. #1
    Join Date
    Jan 2006
    Location
    Orlando
    Posts
    3

    Unhappy What Determines The Length Of A Rental Extension Upon Condo Conversion

    I live in Maitland Florida, my apartments are converting to condos. I've just recieved the purchase packet and have decided that I cannot afford to buy my unit "as-is", there was no offer to purchase one of the newly renovated units and the "as-is" price is well over $160K for a 2/1. I need to move but I need more time. I'm not sure I understand the "Rental Agreement Extension" in the Florida Statue, please help me.

    I have a few more questions:

    1. Do you automatically get the addition 270 days extension on your rental agreement once you give written notice. If not how are the days determined?

    2. Do you still have the right to extend the rental agreement if you are not going to purchase the unit and have signed the Rejection Waiver Right to first purchase? are these tied together in any way?

    3. If a rental agreement extension has been granted can the developer evict me or ask me to leave before the rental agreemnet extension time has been met?

    4. is the developer obligated to abide by the statue?

  2. #2
    Join Date
    Sep 2005
    Location
    California
    Posts
    65,671

    Default Re: Who determines the number of days given on a rental extension?

    As I read the statute in your other thread,
    Quote Quoting Jamonit
    View Post
    1. Do you automatically get the addition 270 days extension on your rental agreement once you give written notice. If not how are the days determined?
    If you qualify for the extension and notify the landlord in writing within 45 days as required by the statute, you are eligible to the 270 days from the date of the notice of intended conversion.

    Quote Quoting Jamonit
    2. Do you still have the right to extend the rental agreement if you are not going to purchase the unit and have signed the Rejection Waiver Right to first purchase? are these tied together in any way?
    The two are not connected.

    Quote Quoting Jamonit
    3. If a rental agreement extension has been granted can the developer evict me or ask me to leave before the rental agreemnet extension time has been met?
    You aren't free to violate the terms of your lease or rental agreement. If you do so, you can be evicted.

    Quote Quoting Jamonit
    4. is the developer obligated to abide by the statue?
    If the statute applies to the developer, the developer must follow the statute.

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