May
28
Is there an addendum to a lease when buying a house?
By
I live in wisconsin and i rent an apartment. I found a house i want to buy but i have my lease until july. Is there any type of addendum or clause that lets you break your lease early just strictly when buying a house?
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2 Comments
May 31st, 2010 at 6:42 am
No, you are still responsible for fulfilling the lease term. Most do have a clause in which you can get out if you provide usually 60 days notice and pay an extra month or two of rent. Review your lease to determine what yours requires.
June 3rd, 2010 at 7:54 am
No, your purchase contract has no effect on previously signed contracts. Your lease is binding and your purchase does not alter that fact.