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My daughter signed a one year apartment lease in Madison and is moving on May 1st. She just received an email stating that her apartment is changing into a condo after her lease and she will have to move again next year. She would not of signed the lease if she would of known about the change. Is there any way she could get out of the lease because she hasn’t moved in yet?
No. She signed a one year and she will get one year of tenancy. There was no legal way out of the lease due to her wanting to stay longer than her lease states. In other words, she was never guaranteed to stay beyond her lease term.
Plus they could have waited 11 months and just given her 30 days notice and it would have been worse.
She can always ask if she can get out and say she doesn't want to have to move out again in a year, doesn't hurt to ask.
It does seem crazy that they wouldn't know and not tell her ahead of time, i'm sure it takes time to turn apartments into condos so I doubt they will let her out. If they were honest they should have told her ahead of time and found someone who didn't mind moving again so soon.
I would only have given a 30 day notice that the lease was not being renewed, but there are probably laws about notice periods to tenants when a building is going condo. Maybe if she likes the building she could buy the condo. Tenants are often given really good bargains if they wish to purchase their unit.
It doesn't matter where she rents, a one year lease is only good for one year. So she could be asked to move at the end of the first year no matter what she has rented.
She could always ask if she can cancel the lease, but she doesn't really have any grounds to do so. There is a small, chance the landlord will let her go, out of the goodness of his heart, not because he is legally forced to. Also, some leases have a buy out clause so if she is really unhappy, maybe she can buy her way out of the lease.
My daughter signed a one year apartment lease in Madison and is moving on May 1st. She just received an email stating that her apartment is changing into a condo after her lease and she will have to move again next year. She would not of signed the lease if she would of known about the change. Is there any way she could get out of the lease because she hasn’t moved in yet?
She may have a buy out/ early termination option. Or she can try and negotiate a lease break fee if there is no lease break. She signed a year lease she has the place for a year. It would be no different if they sold after her one year lease expired.
As a renter there is no guarantee you will have no rent raise, unit sold or converted after your original lease term expires.
Even if its just the security deposit, I'd be inclined to tell them to pound sand, and find another place.
If she hasn't paid them anything, then I'd definitely walk and politely invite them to "come and get it" if they want to and talk to my attorney.
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