Lease Term Questions

This topic contains 0 replies, has 1 voice, and was last updated by  admin 2 years, 3 months ago.

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  • #18946

    We always recommend a lease term of 12 to 24 months because:
    • Better pricing is available when you rent at least 12 months. Renting under 12 months significantly increases your rent
    • Many places won’t rent for under 12 months, so your options are more limited if you lease under 12 months
    • If you need to get out of your lease for any reason (job transfer, decision to purchase, etc.), most places in the area will allow for you to terminate your lease early, with a 60 day notice and a small penalty. You will not have to pay the remainder of your lease in most cases
    • With this current year, there are inflation trends now in play. We recommend locking down rent for at least 12 months to hold down expenses

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