Home Buying in Michigan>Question Details

Clara, Other/Just Looking in Clinton Township, MI

Is there a law in Michigan regarding first time home buyers breaking their current lease with no penalty?

Asked by Clara, Clinton Township, MI Thu May 22, 2008

Is there a law in michigan allowing first time home buyers to break their current rental lease with no penalty?

Help the community by answering this question:

Answers

4
Clara, Not to my knowledge. I suggest reviewing your lease agreement to see what happens if you leave early. A real estate attorney might be required, but you may also be able to come to an agreement with your landlord.

If there is no lease, then you may be on a month to month agreement, so looking at your lease is very important.

Here is a Guide from the State of Michigan http://www.legislature.mi.gov/documents/publications/tenantl… -
Web Reference: http://mi-living.com
1 vote Thank Flag Link Thu May 22, 2008
Not speaking to the law - but from my personal experience - most landlords will allow you to break the lease early - if you do the leg work of finding somebody to take over the rental property for them. I've done this many times over the years when i wanted out of a lease for one reason or another.
Talk to your landlord - and see if they would be open to this possibility. Essentially you do the job of renting the place while you still live there, and as soon as your potential new tenant is approved by the landlord - you can get out no problem.

At the end of the day - landlords simply want to know that they have cash flow coming in from thier property, without disruption. Whether it's coming from you - or somebody else, as long as that stream of money keeps coming in and they know thier property is being taken care of, they'll typically be pretty flexible.
0 votes Thank Flag Link Thu May 22, 2008
A lease is between you and your landlord. Usually, any terms that you both agree on, is what stands. Check to see if you can pay 1 months rent to get out of the lease.
0 votes Thank Flag Link Thu May 22, 2008
Hi Clara...You may want to ask a loal attorney this question but I can tell you that most states allow EITHER the lease to transfer or NOT transfer...
I would read the lease if I were you and see if there is a clause that may enlighten you further...Hope that helps!
0 votes Thank Flag Link Thu May 22, 2008
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2015 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer