Renewal
In most cases, the landlord and tenant will discuss the renewal of the lease before it terminates. They can then agree on the new rent and term if the tenant remains in the residence.
Some leases have an automatic renewal clause that obligates the owner and tenant to inform each of their intention to terminate before the lease ends. Otherwise, the lease provides for automatic renewal at the same or an adjusted rate of rent. Certain states and cities have provisions requiring continuation of some leases and regulating the amount of rent increases.
If your lease does not have an automatic renewal clause, the law in many states provide that it will continue on a month-to-month basis if the tenant continues to pay rent after the last day of the lease and the owner accepts the rent payments.
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