Hi all,
I've decided to rent a property myself near the city. Found a great place, and ready to sign the lease. The current tenants have to break their lease due to a need to head back overseas, and we are taking over.
From what I understood, we were going to sign a 12 months lease.
Got a call from the property manager today telling us the owner only wants to sign us to the end of the current lease (September) and then do a 12 month lease after that.
After asking why, she said that he recently rennovated the place, and wants to do this for tax reasons. Obviously the length of the lease is up to the owner, but I can't think of any reason (related to tax) that would make the owner want to have a lease less than 6 months.
Any idea???
Thanks
Sean
I've decided to rent a property myself near the city. Found a great place, and ready to sign the lease. The current tenants have to break their lease due to a need to head back overseas, and we are taking over.
From what I understood, we were going to sign a 12 months lease.
Got a call from the property manager today telling us the owner only wants to sign us to the end of the current lease (September) and then do a 12 month lease after that.
After asking why, she said that he recently rennovated the place, and wants to do this for tax reasons. Obviously the length of the lease is up to the owner, but I can't think of any reason (related to tax) that would make the owner want to have a lease less than 6 months.
Any idea???
Thanks
Sean