Find a good Property Manager to help you with your transition to the great State of Florida
Doug Dickie, Property Manager, Realtor
Zenith Realty Inc
904 568-7080 Cell
Is the Owner a seasoned investor and has no interest in selling the property any time soon? What are the Owners plans for the property within the next couple of years? All of my Owners would love a Renter like you that would execute a multiple year lease!
My company has a mixture of all those and I can tell a potential resident the chances of being able to stay long term in a property. Of course, you need to make sure the property isn't in jeopardy of foreclosure either!
If the State of Florida Supreme Court approved lease for residential properties is used, then yes, it specifically states that the lease period can be no more than 1 year. However, some (like me) use a lease drafted by an Attorney which can be for however long we agree it to be but if longer than 1 year, it does need to be in writing and signed by 2 witnesses.
You can do longer than a one year lease, but you have to have an attorney draw it up. Our attorney writes them and we have tenants in a property right now that are committed for three years. Real estate agents are not allowed to do more than a one year lease without having an attorney draw it up.
However, I will tell you that Jacksonville is one of the top 10 cities in the nation, according to Trulia, where it is cheaper to buy than to rent. If you are going to be here for three years, maybe you will be here longer? If so, you may want to consider buying. In addition, Fox Business says to invest in our real estate market right now. Here is a link to their video (you may have to copy and paste).
Not trying to talk you out of renting, but to consider all your options. The cost of buying over the long haul is much better. Here is a link to another article that highlights this from Forbes.com:
Hope this was helpful to you. If we may be of further service, please contact us.
Coldwell Banker Vanguard