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Re: Promise to Lease - Landlord Forum thread 348864

Re: Promise to Lease by Garry on October 21, 2016 @11:21

                              
I agree with you. Hold off signing a lease with anyone till you get that cert. of compliance. Then contact her, and IF she still wants your place, you can then sign a lease with her. If she has moved on because her time frame was different that yours, then so be it. There are other prospective tenants out there. You just have to start advertising all over again for them. But now you have that all-important cert. already in hand, so you can rent to anyone who meets your criteria.
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Re: Promise to Lease by Anonymous (MA) on October 21, 2016 @11:36 [ Reply ]
I thought maybe we could sign something like an agreement to lease, if there is such a thing. I have been looking for a tenant for nearly 5 months, and I'd hate to lose her. She lives nearby and wants to keep the children in the same school and really loves the apartment. It's in a two-family in a very nice neighborhood, and has been completely renovated. She said she couldn't find anything else nearby that she liked as much. I'm hoping she takes my word for it.
    Re: Promise to Lease by Garry on October 21, 2016 @12:27 [ Reply ]
    If you have been looking for a T for 5 months, then what is wrong with the property? Doesn't show well? Needs updating? Too high a rent? Poor location? Too high rent criteria/picky LL? Have you TOTALLY checked out this person you want to move in? Are you dropping your rent criteria just BECAUSE you have been 5 months without a renter? Don't do that. Lower the rent or change the physical structure of the place first. A person currently going thru a divorce, is generally NOT a good prospect. Get as much money from her UP FRONT, as your state allows-------first, last, and a double deposit if possible. And sign just a 6 month lease to get you thru the winter. Then decide if you still want her as a T.
      Re: Promise to Lease by Anonymous (MA) on October 21, 2016 @19:30 [ Reply ]
      I had 3 bad real estate agents who tried to get me to rent to people without screening (I wrote back then, but nobody believed me). I finally found a good one, and this tenant checked out perfectly. Her credit score is 798 and she makes $150,000 a year. We are doing a lease through next August (9 months). The apartment has been completely renovated and is in excellent condition. Rent is $2,300/month in suburb next to Boston.

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