We currently advise our Real-estate that we needed to break our lease as we are moving into state. We had a new tenant to take over as we had 3 months to run but they also want to extend the lease for additional 12 months. The real-estate responded saying the owner wants to evaluate the house and may wish to sell. If he does then he will release you for this agreement. If not then they would allow our tenants to take over. Since then they completed their assessment and now are saying that they are selling the house and you have to pay until the end of contract. Also they have told us to limit our losses we can provide a tenant for the 3 months they would consider but they would have to vacate the property at the end. They have now put the house on the market at a very inflated price which is extremely like to sell within the lease period. Is there any way of getting out of this considering they first were prepared to release us now they playing the field using the agreement to pay the rent while they place the house on the market. RegardsColin
we have sent emails,phone calls etc, we have given access to the house we have been great tenants always payed our rent 1 month in advance.
BEc Dip Ed, Dip Law (SAB) MTax (UNSW)
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