Dilemma Lease Renewal (lease agreement, renew, landlord, manager)

[westcoastbabe]

Dilemma here- My lease is coming to an end December 31st. I just got my renewal and unfortunately my landlord only wants to renew for 6 months (Same rent payment). According to my property manager, they do not want to commit to anything long term and are considering selling the condo to another investor. They are giving me (2)options. 1.) Renew for 6 months(Same rent payment) 2.) Month To Month plus $35.00 more per month, will be due on the 1st of each month. All remaining terms and conditions apply as per the original lease agreement, except as stated. Wanted to sign for another year...but I guess that is out....What one would you choose?

[Redraven]

Month-to-month would cost you over $200 extra over the 6 months.
I would go for the 6 month extension with the proviso (in writing) that I could give 30 days notice (one calendar month) and move.
Then I would begin looking for a place with a one year lease.
That is, if the one year lease was really important to me.
What does the "new" lease say about continuing after the sale of the property? Is it binding on the new owner? Will the new owner want to completely renegotiate the lease (very likely).
I would move.

[katjonjj]

If they are planning on selling (or even considering selling) then I would take the Month to Month and start looking for a new place to rent with a year lease.