Help with a lease takeover:

I am going through the process to takeover someone’s lease in a condo building. There are 18 months left on the lease. The current tenants are paying $4,500 a month but are looking to charge me $6,000. I only found out because they sent me the original lease. Does charging additional break any rules to your knowledge? Thank you in advance!

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This is a big red flag

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Run far away from them, they’re trying to make a profit off you

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The current tenant is apparently representing the landlord but this has made me slightly confused/nervous about the whole situation.

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So you’re paying $1500 more than the current tenant ?! Who’s charging you this the management company or current tenant?

Shouldn't you be paying same or less for lease takeovers...?

I would have expected to. I am happy to pay a bit extra to cover things like a broker fee upfront but this seems excessive. I wanted to understand if this is normal

There are some above board reasons you would charge a tenant more than the base lease: if utilities have been bundled in your payment for ease of having 1 payment, if the place was leased to you furnished…

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