Source: https://ipropertymanagement.com/answers/can-a-lease-automatically-renew-in-oklahoma
Timestamp: 2020-08-11 10:04:19
Document Index: 101848299

Matched Legal Cases: ['§ 41', '§ 41', '§ 41', '§ 41', '§ 41', '§ 41']

Can a Lease Automatically Renew in Oklahoma? - iPropertyManagement.com
Can a Lease Automatically Renew in Oklahoma?
This question is about Oklahoma Residential Lease Agreement
Yes, a lease can automatically renew in Oklahoma. Some leases include an automatic renewal clause that states exactly how to renew the lease (if any action is required at all).
In most cases, notice is only necessary if the tenant does not want to renew the lease (41 OK Stat § 41-36 (2019)). But this isn’t the only way to renew a lease. Even without an automatic renewal clause, the lease is renewed if the tenant remains on the property after the lease expires and the landlord accepts rent from them (41 OK Stat § 41-35 (2019)).
While some leases that renew this way become month-to-month tenancies, others renew for a period equivalent to the original lease (such as one year). Sometimes, renewing the lease by continued possession makes the tenant a ‘tenant at will’ (41 OK Stat § 41-2 (2019)).
To terminate a tenancy at will or a month-to-month tenancy, either party must give 30-day’s written notice (41 OK Stat § 41-4 ; 41 OK Stat § 41-111 (2019)). To terminate tenancy that has renewed from year-to-year, either party must provide 3-months’ written notice (41 OK Stat § 41-5 (2019)).
The information for this answer was found on our Oklahoma Residential Lease Agreement answers.
How Long Can a Residential Lease Be in Oklahoma?
Is a Contract to Lease Binding in Oklahoma?
Do Lease Agreements Need to Be Notarized in Oklahoma?