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Old 09-09-2011, 06:11 PM
 
1 posts, read 716 times
Reputation: 10

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I was only 8 months into a year long lease when I found a house that I wanted to buy. I have purchased the house and gave the landlord 30 days notice . They gave me the move out paperwork for cleaning and I have done all of the cleaning and the house looks great, but now they are telling me that I will have to continue to pay rent on the place until they can re-rent it. Is this true, what can I do. Pleas advise
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Old 09-09-2011, 07:37 PM
 
Location: Winston-Salem
700 posts, read 1,437,492 times
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Sorry it is a lease. You could ask if someone could pick up the lease. You just would continue to pay till someone else signed a new lease.
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Old 09-10-2011, 07:33 AM
 
Location: Durm
5,877 posts, read 8,854,030 times
Reputation: 6618
Yeah, it's true, unfortunately. You could offer to try and find a new tenant for them and advertise it yourself, but technically you're obligated until they re-rent it.
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Old 09-10-2011, 12:46 PM
 
Location: North Carolina
572 posts, read 1,408,725 times
Reputation: 490
^Agreed with the two posts above. The lease obligates you for 12 months. Hopefully someone else will move in quickly and get you off the hook for the remaining 4 months. But look on the bright side. You're a home owner now and that's great. Congrats.
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Old 09-10-2011, 01:03 PM
 
274 posts, read 509,789 times
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In my personal experience with a mortgage the first payment was not due for at least 45 days. We always felt like we got a gift of the first month off. This may help when you make the additional rent payments. Even if the property owner finds someone to take your place I believe they can still make you pay out the terms of your lease. Find out from your CPA if you can use that as a deduction with other moving expenses.
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Old 09-12-2011, 02:32 PM
 
Location: Winston-Salem
700 posts, read 1,437,492 times
Reputation: 310
I always used that 45 days as a get ahead one at least.
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Old 09-12-2011, 05:04 PM
 
274 posts, read 509,789 times
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That is a smart way to do things, but in the OP situation doing both could be a stretch.
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Old 09-13-2011, 08:30 PM
 
Location: FL-Gulf Coast
291 posts, read 671,890 times
Reputation: 418
Double check NC lease law, but I am pretty sure you can exit and they can only keep you on the hook for 60 days. I discussed this with my landlord when I lived in NC, and that was what he told me. Look in your lease or pull up a generic nc lease. Good luck.
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Old 09-14-2011, 06:26 AM
 
Location: Morehead City, NC
1,676 posts, read 5,358,872 times
Reputation: 1245
Quote:
Look in your lease
Best advice yet. What are the terms and conditions as spelled out in your lease?
Usually a lease obligates the lessee to a total amount. The total amount is spread out onto monthly payments for convenience. Our mind set is monthly payments for the month we occupy when in reality it is the sum total we are obligated to.
Leases usually have some type of "out" clause too. For example-Military getting shipped out-That's an out clause that is common in my area.
But the primary thing is to check what the terms and conditions are as spelled out in the written (I hope its written) agreement.
If you do not have a written agreement then the terms and conditions aren't enforceable.
Have you spoken with your laandlord about this? Did you give your landlord advance notice that you would be moving to them a chance to find a new tenant before you left? Or did you basically turn in your keys and say you were leaving?
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