167k views
1 vote
A couple are moving to a new city. They have decided to rent temporarily before buying a house to see which part of the city they would like to live in. What type of lease would BEST suit the couple's needs?

A. yearly lease
B. month-to-month lease
C. holdover lease
D. open lease

User Krupa
by
7.9k points

1 Answer

1 vote

Final answer:

The best lease option for the couple moving to a new city and seeking flexibility to explore before buying a home is a B. month-to-month lease, which offers the adaptability to move with typically just a 30-day notice.

Step-by-step explanation:

The type of lease that would best suit the couple's needs as they move to a new city and want to get acquainted with different parts of the city before buying a house, is a month-to-month lease. This lease option provides flexibility, allowing the couple to move without being tied to a long-term contract. A month-to-month lease usually involves a rental agreement that renews each month until either the landlord or tenant provides notice, often 30 days, of their intention to terminate the lease. This would enable the couple to explore various neighborhoods and make a more informed decision when they are ready to purchase a home.

User Mokhtar Tlili
by
7.1k points