typical compensation for moving/allowing owner move-in

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mrhandy

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Have lived in condo over 1 1/2 yrs. was on lease but now on month to month.Owner wants to move in immediately (gave me 30-day notice,which should have been a 60-day,since I've been here over 1 yr) to conduct short sale. Most likely owner knows he needs 60- notice,which means he has to start process all over,what is typical compensation on these matters? The rent is 1150/mo would asking $3-5K be in the ballpark to ask for moving cost,first and last for new apt,the stress, etc??
 
You are on the right track. If he wants you out fast he should be willing to pay a reasonable amount to help you out.
You do not have to move though. He will have to do it right if he wants you out and isn't willing to help with the inconvenience.

If he refunds your deposits, assists with moving costs, and makes up the difference for any increase in rent you have to pay at the new place, then I would say that is reasonable. It is up to you to come up with a number and negotiate with him though.
 
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