Lease Termination in Iowa
I am currently renting an apartment. There are 11 months left on the lease. I was recently approved for my first mortgage and have a lot hold on a townhome in a new development (yet to be built). If I decide to purchase I have to commit by signing a purchase agreement in October. Still have the option to back out but lose my $500 ernest money. Projected completion of my home is March/April of 2007.
My question is how is the best way to approach my landlord for early termination? I was thinking of explain the entire situation and asking if they could put my apartment on the list of those available to prospective tenants and if I had to vacate earlier than when my townhome is completed I do have a place to stay. I am wanting to notify them by Sept 1st, hence giving at least 6 months notice.
Any advice on the best way to approach them? Best way to draft a letter? Odds of getting out early?
Thanks!!