Posted by John on December 13, 2001 at 09:38:14:
In Reply to: Re: How to evaluate 'buyout' offer (by new landlord) posted by Lilly on December 12, 2001 at 19:17:52:
Obviously, the landlord is not going to give you $2.00, but he is not going to give you a million. Just calculate your new rent x two or three, moving expenses, reconnection of utilities, etc… and your inconvenience for breaking the lease. Other than that, you can stay put and continue to pay rent. You don’t have to move for their convenience.
If fight the landlord if he uses aggressive tactics to get you out then you are in your right to fight in court.
: depends upon how much below market your rent is, LL will look to make your buyout back within 18-24 months in the increased rent
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