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Complaint / review / scam report
Greystar Properties
Lease Renewal Tactic is a scam to get more money for lack of notification...

Complaint / review text:
In Virginia:

Lessee (renter) Beware:

According to Virginia Fair Housing Act...

"Lease Renewals

A lease usually terminates (ends) automatically on a given date. That date will be in the lease. If the landlord and tenant want to continue the lease, they will normally make a new agreement. That agreement may be entirely new or may be a short agreement to continue the earlier lease until a certain date, perhaps with some changes, such as the rent amount.

Many leases contain a clause that provides for automatic renewal of the lease. If there is an automatic renewal clause, the lease will be continued or renewed under the same terms, unless either party gives proper notice to end the lease. The lease usually gives a certain number of days by which the notice to end the lease must be given, usually 30,60, or 90 days. If not, Virginia law provides for 30 days’ notice for a month-to-month agreement and 90 days’ notice for a year-to-year lease."

But at Waterside, and I daresay all Greystar properties since it is the new "big time" management company in town, there is a legalistic underbelly to their lease renewal tactics.in short, under the guise of "offering" to extend their lease (es) long-term or month-to-month, they're playing (or counting) on the ignorance of the tenant to follow the letter of the lease - mainly that in "every" case you must provide written notice. Whether it's 60 days or 30 for month-to-month leases, everyone is required to provide the written notice document which they'll begrudgingly provide upon request. If not, you'll get extended for as long as it takes for you to file the document. On the surface this may sound trivial, but in reality this is a subversive behavior that undermines the nature of the lease. What it does to the tenant is say: Here's your lease ending: DD/MM/YR, but remember that regardless of that you're required to provide written notice of intent to vacate. And if you don't you'll be charged the additional rent after you've realized you have not filed the paperwork. So, if you want to save yourself some money - like at least a month's rent - file the intent to vacate document shortly after signing the lease, that way whenever you actually move, there will be no question of when it was "scheduled". This is true of all apartments, but Greystar management in particular (and Waterside office staff in their official capacity) will never call you to tell you that your lease is ending and you have not filed your intent to vacate notification. Read my lips...

Contact information:
Author: Contact with Author

Offender: Greystar Properties


Address: 18 Broad Street - 3rd Floo
Phone: 6025221200, 8138874200

Category: Real Estate

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