Tenant Buyout Negotiation Strategy: How to Secure a Better Deal
Lease buyouts happen often for renters in New York City, especially in rent-stabilised or popular buildings. A landlord might offer money to a tenant to leave early. They may want to reclaim the property to increase rent, make repairs, or sell it. Accepting the first offer without a plan can result in missed chances or legal issues. To get a fair deal, you need a clear tenant buyout negotiation strategy.
Here’s how to begin a buyout negotiation from a solid stance. This applies if you feel pressured to leave or if you’re exploring your choices.