I wish to release, but there is talk that they will lease to a new tenant
2006-07-24 17:15:28 · 10 answers · asked by Mary L 1 in Business & Finance ➔ Renting & Real Estate
Read your contract... no one can answer you this question without seeing your contract.
2006-07-24 17:18:55 · answer #1 · answered by wizardslizards 4 · 0⤊ 0⤋
READ YOUR CONTRACT!
unless your lease states that you have first right of refusal (or something to that effect), then you don't have any "ranking" over any other tenants in terms of renting.
your question is ambiguous... you say your lease is up, and want to know if the landlord is obligated to lease to you first, yet you state you wish to release yourself from the contract.
you should read your lease, and speak to a real estate attorney or a realtor regarding the terms of your lease if you do not understand them on your own.
i hope this helps, since i'm not quite sure what you're asking.
have a great day!
2006-07-25 01:54:54 · answer #2 · answered by thetoothfairyiscreepy 4 · 0⤊ 0⤋
you will possibly desire to not have in simple terms up and left. Technically you're obligated for something of the lease money to 3/2012. in spite of the incontrovertible fact that, it sounds like your landlord had carried out (or not carried out) countless issues which might placed them in breach. in case you may checklist the circumstances and your communications with the owner, you will possibly desire to have a good protection might desire to he attempt to sue you for the broken lease.
2016-11-02 22:51:56 · answer #3 · answered by Anonymous · 0⤊ 0⤋
They aren't obligated to offer you first right of refusal to renew your lease. Of course if you have a good relationship with them them might, but very often it will be a case of maximising rent returns and if someone's willing to pay more, they'll go with that business.
2006-07-24 17:43:35 · answer #4 · answered by Anonymous · 0⤊ 0⤋
It depends on the terms of the original contract. Read your lease agreement.
2006-07-24 17:19:34 · answer #5 · answered by Anonymous · 0⤊ 0⤋
no
find out how much more the landlord is going to charge for the new tenant and match that offer your only hope
2006-07-25 01:24:55 · answer #6 · answered by goz1111 7 · 0⤊ 0⤋
no
and landlord can and do refuse to renew in order to bring in a newer higher profile tenant to increase overall property value for future sale and or higher rents
2006-07-24 17:19:35 · answer #7 · answered by Anonymous · 0⤊ 0⤋
If your lease did not say that you had the first choice in accepting to renew, then they can go elsewhere.
2006-07-24 17:19:21 · answer #8 · answered by browneyedgirl 6 · 0⤊ 0⤋
nope..dont hesitate talk to your landlord...if he doesnt know you want to renew your lease...he is not gonna wait on you he needs someone in there the same day you leave.
2006-07-24 18:05:32 · answer #9 · answered by sucorra 2 · 0⤊ 0⤋
no.
2006-07-24 17:18:53 · answer #10 · answered by Anonymous · 0⤊ 0⤋