Michigan
2007-05-20 06:32:49 · 8 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
No.
2007-05-20 07:44:05 · answer #1 · answered by Nancy 4 · 0⤊ 0⤋
No such law that I know of. Most landlords offer shorter term leases at higher rates for people that have short term needs. If you knew you were in the market to buy a house you could have chosen a shorter term lease or you could have written in a special clause stating that the lease could be terminated under certain conditions. The landlord would have to agree to the new terms but it is possible. Good Luck
2007-05-20 13:45:49 · answer #2 · answered by GUS 4 · 1⤊ 0⤋
No. The lease you signed at the beginning is the rule. Unless there is a specific clause for that you are out of luck legally. You can always try asking and kindness or negotiate some equitable ending.
2007-05-20 14:09:12 · answer #3 · answered by ttpawpaw 7 · 0⤊ 0⤋
Urban myth no law that will allow you to terminate a lease/legal contract early for buying a house
read your lease carefully to see if there is a buyout option if not talk to your landlord to see if they would considered a buy out fee
2007-05-20 13:42:42 · answer #4 · answered by goz1111 7 · 2⤊ 0⤋
Contact a property managagement co. in your area, they should know.
I've never heard of a law pertaining to this.
Generally, you signed a lease & with that legal document agreed to pay X amt. of months to rent. I think all you're really going to be able to do , is talk to your landlord & explain the situation, show him your pre-approval letter from your lender so he knows you're not making it up & are truly purchasing a home.
Give as much notice as possible, 30-90days notice & beg him to let you out of your lease.
good luck & congrats on your home purchase
2007-05-20 13:38:40 · answer #5 · answered by Miss Emily1 3 · 1⤊ 0⤋
You cannot waive your legal rights by signing a contract, that said the contract will define the rules and and responsibilities of all parties.
Read you lease
2007-05-20 14:06:39 · answer #6 · answered by Anonymous · 0⤊ 1⤋
No, all you can do is ask politely. And something like your lease probably did not provide for this, but could have been negotiated.
2007-05-20 13:44:42 · answer #7 · answered by Richard F 7 · 0⤊ 0⤋
The only info i was able to find on termiating a lease was here http://www.adviceontime.com/Lease.htm maybe that can help you!
2007-05-20 13:35:59 · answer #8 · answered by Anonymous · 0⤊ 1⤋