Is it possible to negotiate the penalty for breaking your lease before you sign one? I’m looking to lateral to another City but nothings nailed down yet. My lease is up for renewal next month.

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Yes, it is possible. Just do it. Worse thing they can do is say, “no.” Rental market is soft right now in a lot of major cities, so more LLs are willing to make concessions, so people can stay.

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Alternatively, you can ask about moving forward as a month-to-month. My last apartment offered that option when my lease was up, for people who were planning to move but hadn't found a new place yet. They capped it at 6 months and the rent was higher than a term lease, but no penalty for breaking and the notice period went to 10 days.

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You can pretty much negotiate anything into your lease if both parties agree. I would start by asking your landlord for a one-time termination option upon X months’ written notice (whatever is realistic for you). If landlord says no, put a termination fee on the table (maybe start with 2 months’ worth of rent?).

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