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-   -   Breaking a lease to buy a home (https://www.askmehelpdesk.com/showthread.php?t=402935)

  • Oct 5, 2009, 11:15 AM
    Maedna
    Breaking a lease to buy a home
    What are the New York State Laws pertaining to breaking a lease to buy a house
  • Oct 5, 2009, 11:17 AM
    JudyKayTee

    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 -
  • Oct 5, 2009, 12:29 PM
    ballengerb1

    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.
  • Oct 5, 2009, 12:36 PM
    JudyKayTee
    Quote:

    Originally Posted by ballengerb1 View Post
    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.

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