Houston, TX · Member since 2014 · 4 posts · 0 votes
Hello, all.
The house is listed at 2,175, but I want to ask the landlord for a monthly rent of 1,975, in exchange for a 2 year lease with a buy-out option. Is this too much to ask?
I have an excellent credit history and a credit score of over 750 FWIW.
Tenants will move when they want to move. Lease or no lease. Once a discount is given, it can not be taken back. The concession on a longer lease, or a month-to-month, needs to be backed by a sufficient security deposit in case the tenant doesn't carry through on their end of the deal.
An early termination clause should be in every lease agreement, and will often include an early termination fee.
Also, some state laws and municipal codes limit the maximum length of term allowed for residential leases; some only allow up to one year others allow more, so check that out as well.