View Full Version : Breaking a lease to buy a home
Maedna
Oct 5, 2009, 11:15 AM
What are the New York State Laws pertaining to breaking a lease to buy a house
JudyKayTee
Oct 5, 2009, 11:17 AM
A lease to BUY a house? I have no idea what you mean.
Is this some sort of rent-to-own, buy as you go house?
Or are you asking about a contract to purchase?
I notice this is posted in Small Claims and not Real Estate so I'm really confused -
ballengerb1
Oct 5, 2009, 12:29 PM
So you mean you have a lease on one property and you want out of the lease to buy a different property, right? The easiest way is to pay off the lease or ask to negotiate a price to get out early. The LL or owner does not have to do this since you have a contract for the end of the term, be polite and nice or you could be stuck.
JudyKayTee
Oct 5, 2009, 12:36 PM
So you mean you have a lease on one property and you want out of the lease to buy a different property, right? The easiest way is to pay off the lease or ask to negotiate a price to get out early. The LL or owner does not have to do this since you have a contract for the end of the term, be polite and nice or you could be stuck.
Got it - break this lease to buy that house. Good catch. I was baffled.