Can I break my lease?

[scaredyclassic]

this isn’t legal advice and im not your lawyer, and I don’t know anything about real estate law since i haven’t studied proeprty sicne the bar exam, but what about making that a condition of the lease — something like, “In the event that the lessee enters intoa sales agreement and closes on a New Residence (define residence as whatever it is you’re looking to buy), upon providing proof to the landlord of the purchase of the New Residence, and the lessee actually moving into the New Residence, then the lessee shall have the right to terminate this lease with no penalty and the seller shall return the security deposit to the lessee.”

then you can tell the landlord, hey, im probably not going to buy anything, but i might try,a dn i just want to have this as an option? it probably wont disturb the landlord too much — but i guess it might.

[TexasLine]

That’s not a bad tactic, but I wonder if that might scare the owner. And there by lessening the chance of getting into the place.

I mean if I was a landlord, I wouldn’t want to hear that the new renter might leave at any time, and being told that from day one.

Unless I happened, on the off chance, to find a landlord who cared about something besides the cash flow….which is how likely? Business is business-I respect that.

I suspect that increasingly the only thing most landlords are concerned about are saving a failing property-and getting the highest rent possible-not wanting to mess with “stipulations”.

[TexasLine]

That’s not a bad tactic, but I wonder if that might scare the owner. And there by lessening the chance of getting into the place.

I mean if I was a landlord, I wouldn’t want to hear that the new renter might leave at any time, and being told that from day one.

Unless I happened, on the off chance, to find a landlord who cared about something besides the cash flow….which is how likely? Business is business-I respect that.

I suspect that increasingly the only thing most landlords are concerned about are saving a failing property-and getting the highest rent possible-not wanting to mess with “stipulations”.

[TexasLine]

That’s not a bad tactic, but I wonder if that might scare the owner. And there by lessening the chance of getting into the place.

I mean if I was a landlord, I wouldn’t want to hear that the new renter might leave at any time, and being told that from day one.

Unless I happened, on the off chance, to find a landlord who cared about something besides the cash flow….which is how likely? Business is business-I respect that.

I suspect that increasingly the only thing most landlords are concerned about are saving a failing property-and getting the highest rent possible-not wanting to mess with “stipulations”.

[TexasLine]

That’s not a bad tactic, but I wonder if that might scare the owner. And there by lessening the chance of getting into the place.

I mean if I was a landlord, I wouldn’t want to hear that the new renter might leave at any time, and being told that from day one.

Unless I happened, on the off chance, to find a landlord who cared about something besides the cash flow….which is how likely? Business is business-I respect that.

I suspect that increasingly the only thing most landlords are concerned about are saving a failing property-and getting the highest rent possible-not wanting to mess with “stipulations”.

[TexasLine]

That’s not a bad tactic, but I wonder if that might scare the owner. And there by lessening the chance of getting into the place.

I mean if I was a landlord, I wouldn’t want to hear that the new renter might leave at any time, and being told that from day one.

Unless I happened, on the off chance, to find a landlord who cared about something besides the cash flow….which is how likely? Business is business-I respect that.

I suspect that increasingly the only thing most landlords are concerned about are saving a failing property-and getting the highest rent possible-not wanting to mess with “stipulations”.

[CA renter]

[quote=TexasLine]That’s not a bad tactic, but I wonder if that might scare the owner. And there by lessening the chance of getting into the place.

I mean if I was a landlord, I wouldn’t want to hear that the new renter might leave at any time, and being told that from day one.

Unless I happened, on the off chance, to find a landlord who cared about something besides the cash flow….which is how likely? Business is business-I respect that.

I suspect that increasingly the only thing most landlords are concerned about are saving a failing property-and getting the highest rent possible-not wanting to mess with “stipulations”.[/quote]

You can always ask for a six-month (or month-to-month) lease, or you can agree to a 90-day notification period. There have been a number of ads for rentals that specifically request a month-to-month tenant. My guess is that they intend to sell it ASAP. Your LL might also prefer a 90-day lease in the event he/she is looking to sell the place. Might be a win/win for both of you, but you have to realize that if you do this, you are also going to risk having your rental pulled out from under you.

Best of luck!

[CA renter]

[quote=TexasLine]That’s not a bad tactic, but I wonder if that might scare the owner. And there by lessening the chance of getting into the place.

I mean if I was a landlord, I wouldn’t want to hear that the new renter might leave at any time, and being told that from day one.

Unless I happened, on the off chance, to find a landlord who cared about something besides the cash flow….which is how likely? Business is business-I respect that.

I suspect that increasingly the only thing most landlords are concerned about are saving a failing property-and getting the highest rent possible-not wanting to mess with “stipulations”.[/quote]

You can always ask for a six-month (or month-to-month) lease, or you can agree to a 90-day notification period. There have been a number of ads for rentals that specifically request a month-to-month tenant. My guess is that they intend to sell it ASAP. Your LL might also prefer a 90-day lease in the event he/she is looking to sell the place. Might be a win/win for both of you, but you have to realize that if you do this, you are also going to risk having your rental pulled out from under you.

Best of luck!

[CA renter]

[quote=TexasLine]That’s not a bad tactic, but I wonder if that might scare the owner. And there by lessening the chance of getting into the place.

I mean if I was a landlord, I wouldn’t want to hear that the new renter might leave at any time, and being told that from day one.

Unless I happened, on the off chance, to find a landlord who cared about something besides the cash flow….which is how likely? Business is business-I respect that.

I suspect that increasingly the only thing most landlords are concerned about are saving a failing property-and getting the highest rent possible-not wanting to mess with “stipulations”.[/quote]

You can always ask for a six-month (or month-to-month) lease, or you can agree to a 90-day notification period. There have been a number of ads for rentals that specifically request a month-to-month tenant. My guess is that they intend to sell it ASAP. Your LL might also prefer a 90-day lease in the event he/she is looking to sell the place. Might be a win/win for both of you, but you have to realize that if you do this, you are also going to risk having your rental pulled out from under you.

Best of luck!

[CA renter]

[quote=TexasLine]That’s not a bad tactic, but I wonder if that might scare the owner. And there by lessening the chance of getting into the place.

I mean if I was a landlord, I wouldn’t want to hear that the new renter might leave at any time, and being told that from day one.

Unless I happened, on the off chance, to find a landlord who cared about something besides the cash flow….which is how likely? Business is business-I respect that.

I suspect that increasingly the only thing most landlords are concerned about are saving a failing property-and getting the highest rent possible-not wanting to mess with “stipulations”.[/quote]

You can always ask for a six-month (or month-to-month) lease, or you can agree to a 90-day notification period. There have been a number of ads for rentals that specifically request a month-to-month tenant. My guess is that they intend to sell it ASAP. Your LL might also prefer a 90-day lease in the event he/she is looking to sell the place. Might be a win/win for both of you, but you have to realize that if you do this, you are also going to risk having your rental pulled out from under you.

Best of luck!

[CA renter]

[quote=TexasLine]That’s not a bad tactic, but I wonder if that might scare the owner. And there by lessening the chance of getting into the place.

I mean if I was a landlord, I wouldn’t want to hear that the new renter might leave at any time, and being told that from day one.

Unless I happened, on the off chance, to find a landlord who cared about something besides the cash flow….which is how likely? Business is business-I respect that.

I suspect that increasingly the only thing most landlords are concerned about are saving a failing property-and getting the highest rent possible-not wanting to mess with “stipulations”.[/quote]

You can always ask for a six-month (or month-to-month) lease, or you can agree to a 90-day notification period. There have been a number of ads for rentals that specifically request a month-to-month tenant. My guess is that they intend to sell it ASAP. Your LL might also prefer a 90-day lease in the event he/she is looking to sell the place. Might be a win/win for both of you, but you have to realize that if you do this, you are also going to risk having your rental pulled out from under you.

Best of luck!

[(former)FormerSanDiegan]

[quote=TexasLine][quote=sdrealtor]If you are month to month I’d stay. Moving is a hassle and is not cheap.[/quote]

I guess what I failed to convey is that the rent increase is causing me financial stress,…so to speak. So a move is probably inevitable.

And it would be nice to save some $ by moving towards the neighborhood/region that is my “Target” home buying area.

But again, I wonder about breaking the lease when I find the “house”, to buy.[/quote]

How much (percentage-wise) was the lease increased ?
If it is 10% or less and causes financial stress, then I would suggest that buying a property within 6 months should not be a major consideration for you.

In today’s rental market it is not that difficult to find 6-month leases. You may pay a little more for that flexibility, but it might be worth it. Even properties that are advertised for 12-month leases will many times consider 6-month.

[(former)FormerSanDiegan]

[quote=TexasLine][quote=sdrealtor]If you are month to month I’d stay. Moving is a hassle and is not cheap.[/quote]

I guess what I failed to convey is that the rent increase is causing me financial stress,…so to speak. So a move is probably inevitable.

And it would be nice to save some $ by moving towards the neighborhood/region that is my “Target” home buying area.

But again, I wonder about breaking the lease when I find the “house”, to buy.[/quote]

How much (percentage-wise) was the lease increased ?
If it is 10% or less and causes financial stress, then I would suggest that buying a property within 6 months should not be a major consideration for you.

In today’s rental market it is not that difficult to find 6-month leases. You may pay a little more for that flexibility, but it might be worth it. Even properties that are advertised for 12-month leases will many times consider 6-month.

[(former)FormerSanDiegan]

[quote=TexasLine][quote=sdrealtor]If you are month to month I’d stay. Moving is a hassle and is not cheap.[/quote]

I guess what I failed to convey is that the rent increase is causing me financial stress,…so to speak. So a move is probably inevitable.

And it would be nice to save some $ by moving towards the neighborhood/region that is my “Target” home buying area.

But again, I wonder about breaking the lease when I find the “house”, to buy.[/quote]

How much (percentage-wise) was the lease increased ?
If it is 10% or less and causes financial stress, then I would suggest that buying a property within 6 months should not be a major consideration for you.

In today’s rental market it is not that difficult to find 6-month leases. You may pay a little more for that flexibility, but it might be worth it. Even properties that are advertised for 12-month leases will many times consider 6-month.

[(former)FormerSanDiegan]

[quote=TexasLine][quote=sdrealtor]If you are month to month I’d stay. Moving is a hassle and is not cheap.[/quote]

I guess what I failed to convey is that the rent increase is causing me financial stress,…so to speak. So a move is probably inevitable.

And it would be nice to save some $ by moving towards the neighborhood/region that is my “Target” home buying area.

But again, I wonder about breaking the lease when I find the “house”, to buy.[/quote]

How much (percentage-wise) was the lease increased ?
If it is 10% or less and causes financial stress, then I would suggest that buying a property within 6 months should not be a major consideration for you.

In today’s rental market it is not that difficult to find 6-month leases. You may pay a little more for that flexibility, but it might be worth it. Even properties that are advertised for 12-month leases will many times consider 6-month.

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