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Page 4 of 6 <br />ATTY/ORD.457/RC MINIMUM LEASE TERMS <br />REV: 03-21-18 PR <br />lease which has a minimum term of one (1) year shall be considered an offer in <br />writing. The cost of a one year lease shall not exceed the total cost of a month-to- <br />month lease for 12 months. <br /> <br />B. Acceptance. If the tenant or prospective tenant accepts the offer of a written lease <br />which has a minimum term of one (1) year, this acceptance must be in writing. <br />Signing a lease which has a minimum term of one (1) year will be considered an <br />acceptance. <br /> <br />C. Rejection. If the tenant or prospective tenant rejects the offer for a written lease <br />which has a minimum term of one (1) year, this rejection must be in writing, and <br />the landlord and tenant or prospective tenant may then enter into an agreement, <br />oral or written, that provides for a rental term of less than one (1) year. <br /> <br />D. Rent. If the landlord and tenant enter into a written lease which has a minimum <br />term of one (1) year, such lease must set the rent for the rental unit at a rate or <br />rates certain and these rates shall not otherwise be modified during the term of <br />such lease. <br /> <br />E. Renewal of Lease. If both the landlord and tenant wish to continue the rental <br />relationship, upon the expiration of the initial written lease which has a minimum <br />term of one (1) year, a lease shall be offered again in accordance with the <br />procedures of subsections A-D above and the following: <br /> <br />1. Leases with a term of one (1) year shall be offered annually in writing at the <br />expiration of the one year term. <br />2. Leases with a term longer than one (1) year shall be renewable at the <br />expiration of each lease period for a minimum term of one (1) year. <br />3. A landlord shall offer annually a written lease with a minimum term of one <br />(1) year to a tenant who rejected an initial offer of a written lease with a <br />minimum term of one (1) year but who has rented a unit from the landlord <br />for a period of at least twelve (12) months. <br /> <br />F. Applicability. This section shall not apply to: <br /> <br />1. A unit which is rented on or before the effective date of the ordinance <br />codified in this chapter, provided that, (A) if the unit is rented subject to a <br />written lease, when the lease in effect for such unit expires, the ordinance <br />codified in this chapter shall then apply; and (B) if the unit is rented without <br />a written lease, the landlord shall offer a written lease to the tenant in <br />accordance with this section, at the time of lease renewal; or <br />2. An owner-occupied unit that is rented to a tenant for less than one (1) year; <br />or <br />3. A rental unit occupied by a tenant who subleases that unit to another tenant <br />for less than one (1) year; or <br />8.A. - Page 13