Final answer:
The TAR Residential Lease agreement allows for automatic renewal on a month-to-month basis after the initial lease term expires, but it can be terminated with a 30-day written notice by either party. The process ensures flexibility with the option for termination provided that all legal requirements are met and lays out responsibilities for the tenant upon vacation.
Step-by-step explanation:
The correct statement about the TAR Residential Lease agreement's automatic renewal policy is: c) Automatic renewal is allowed but must be agreed upon in writing.
According to the provided excerpt, after the initial leasing period expires, the agreement will automatically renew on a month-to-month basis. However, this automatic renewal can be terminated by either party with a 30-day written notice. This clause ensures that both the resident and the owner have the flexibility to continue or end the lease with proper communication. An automatic renewal policy that requires written consent from both parties is created to protect all involved from unwanted extensions of contractual obligations.
Furthermore, for the tenant to vacate, all belongings must be removed and keys returned, otherwise, the tenant may incur additional rent and damages. The mention of 'just cause' indicates that additional legal requirements must be met if the law demands them for the termination notice to be valid.