Option 4: Convert short-term into a long-term rental agreement

Switching from a short term lease to a long term lease offers numerous benefits.

Maybe things did not go quite as you had planned? No worries! You can extend your stay and switch to a longer-term lease with us. Plus, enjoy reduced payments. We value you as our customer!

How this option works

With this option, you have already been working with us for some time.  Now you can improve your lease terms through converting to a lease agreement for:

  • 12 months
  • 18 months
  • 24 months
  • 25 months or longer

Life is full of unexpected turns, and we understand that. If your plans have shifted, we’re here to make it right. Stay with us, and we’ll gladly adjust your lease to a longer term. Plus, enjoy lower payments! We appreciate your loyalty.

Some of the benefits of switching are:

Long term leases come with lower monthly rental rates compared to short term leases. This allows you to save money in the long run.

Long term leases provide stability and peace of mind, as you do not have to worry about constantly searching for new accommodations. This is especially beneficial for individuals looking for a stable living situation for an extended period.

Committing to a long term lease shows a strong commitment to financial obligations, which can positively impact your credit score and make it easier to access future loans or credit lines.

Long term leases often come with fixed rental rates, protecting you from potential rent hikes that can occur with shorter leases.

When you plan to stay in a property for an extended period, you have the freedom to personalize and customize it to make it feel like a home.

Moving frequently can be physically and emotionally exhausting. Switching to a long term lease reduces the frequency of moving, making life less hectic.

Long term leases enable tenants to establish deeper connections with their neighbors and community. This can lead to a stronger sense of belonging and more lasting relationships.

With a long term lease, there is no need to constantly negotiate a new lease agreement or search for alternative housing. Renewals are typically smoother and more convenient.

By staying in one place for a longer period, you become more familiar with the neighborhood, amenities, and local services, making it easier to settle into a routine and enjoy the area.

In some jurisdictions, long term tenants are afforded additional rights and protections compared to those on short term leases. This gives you greater security and peace of mind regarding their housing situation.

Convert to a long term lease

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