Renewing A Lease
Okay, this is probably the dumbest question ever asked on this forum, but here goes anyway.
We got a notice that it's getting time to renew our lease. Since we moved in last September the rent has gone up over $100 a month. Question is: Do we "renew" at the rate we are paying now, or will it be at the higher price?
The answer is probably the higher price, but I'm just wondering about the term "renew". Thanks in advance for your input.