Good Luck and Congradulations!
Johnese "George" James
Cabrillas Realty Services
Review your lease documents and communicate with your property manager regarding the options.
Most leases would not contain a clause to break on purchase.
Though many wish it to be true, it just can't happen that way. There is no protection to the landlord in this way. I always suggest to my clients that as soon as you decide to start searching for a home to buy you need to inform your landlord and work out something for when you will leave the lease early. Some do a flat lease break fee and some prorate it. Some require 90 days notice in order to get a lease break agreement though too. So be cautious and negotiate to do what works best for all people so it's fair.
Good luck! This is something your Realtor should have discussed with you as well. And you've made a smart decision to buy a home! Congrats! :-)
Stormy Randolph, REALTORÂ®
PRO-formance Realty Concepts