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negotiate lease renewal (can you/how to)

Started by SVV
almost 14 years ago
Posts: 4
Member since: Feb 2012
Discussion about
Our lease will expire and we did get a lease renewal from the landlord. The renewal is for s year and we only need 6 months. We called the landlord and they only want us to give a contract for a year and if we terminate the contract before the end we have to pay $4000 plus any reduction in rental income during the contract (so if they don't try to find another renter this will be a lot). Beside this they'll increase our rent with almost 10%. can we negotiate this and what is the best way to do this? Any tips?
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