Legal Question in Real Estate Law in Arizona
AZ Property Rental Question
We needed to break our lease in Arizona due to finances. We were totally fine with paying certain consequences with breaking this agreement. We had made improvements to the property for our horses and raised the property value. The homeowners wanted to keep it horse property, so in exchange for keeping the materials, January's rent would not be owed. However, if the property has not been re-rented by February, I would then be responsible for the monthly rent until new tenants have been found. Pretty standard. My question is that I have recently looked up this house online and the property manager has now raised the rental price $100 per month, raised the deposit by $100, raised the cleaning fee $50 and now have a pet deposit of $150 per pet. We agreed to show the house the entire month before we left the property and many people came to look, but no takers at that price. Most thought it was already too expensive. Now, they have raised the rent and have admitted to many, many people coming through the house, but no one wants to rent it. Aren't they making the house more difficult to re-rent, therefore keeping me trapped in the lease longer?
1 Answer from Attorneys
Re: AZ Property Rental Question
They may have already ruined their chances of suing you for additional rent by advertising it at a higher price, but I hope you had your workout agreement in writing, or it will be your word against theirs. If your original lease was in writing, you can show the increase by saving a copy of the advertising with the higher price.
Consult with an attorney.
Best regards,
James D. Jenkins