Submitted by [deleted] t3_zzi4fx in personalfinance
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Submitted by [deleted] t3_zzi4fx in personalfinance
[deleted]
You can ask, but your landlord has absolutely zero obligation or reason to do anything since you are on the hook for 10 more months under the lease terms you have.
What's the cost to break the lease and leave early? If it's something cheap ($1,000 or one month's rent or something) then you might want to talk to them and say it's worth the cost to you to move if they can't come to a better agreement. If you're on the hook for the full 15 months no matter what... well why would they lower the price for you?
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I mean the person can ask but there is no chance in hell the company will agree to it. I guess there's a difference between asking and actually voiding a contract and signing a new one.
OP I'm sorry it's not going to happen. You can see if they'll throw any extras in to make you happy but you need to think about if you want to break your lease and what the penalty is for that.
I always assume these questions mean “successfully”.
They won't negotiate. You signed the lease, agreeing to pay that amount.
You're paying a higher price because at the time that you moved in, many other people were also looking for an apartment. So the price is going to be higher since so many people wanted it.
Once we hit October 31st, the demand drops and doesn't pick up again generally until April or so. Even more so in the summer.
People with children want to be settled before school starts, students want to be ready for college, and the weather in general is nicer to deal with a move.
A vacant apartment right now might sit vacant all winter, at a tremendous loss to the landlord/company. That's why the price is lower now, to try to entice the few tenants who are looking at this point.
Probably not. Imagine if you signed a 15-month lease and prices skyrocketed, and your landlord tried to get you to pay more. You would rightfully tell them to pound sand. They will do the same to you.
Unfortunately I am in the same exact situation. It is quite annoying how awful my timing was but I tell myself I needed a place to live at the time and I paid the market rate at that time. I tried to ask the PM but they just laughed, and rightfully so. A lease is a contract, and although your LL may say no, it doesn’t hurt to ask. They probably won’t lower your rent, but maybe you can get a free month or something.
You can negotiate in 10 mo. Or you can break your lease if there's an early termination clause. Otherwise stop price comparing after you've already made the purchase, it can only make you unhappy
Your only option would be if your break the lease cost would be cheaper overall for you. It’s about 5000 in savings so if you break the lease penalty is like 3000 then it would save you money overall so you’d have leverage. But if the break the lease is 6000 the. You have no leverage.
Werewolfdad t1_j2bpyye wrote
> Can I negotiate my lease terms? I
No. Contracts are binding on both parties