Unforeseen & Higher than Expected Capital Expenditures - this is true for older buildings or buildings in D and F locations.

We have had random issues pop up like this where some totally unforeseen thing happens to a tenant.

But I could see needing a “unforeseen” reason to leave earlier than a year

Baring anything unforeseen, we are good for 2022.  

(Medical, business failure, unforeseen circumstance, one time event, etc) 

The lease is intentionally vague on what you are responsible for to cover the unforeseen which is normal.  

This could cause unforeseen problems.

You need to continue owning/living in the place until you are at 2 years to get the full exemption under section 121.There is partial exclusion for those who move for job, medical or an unforeseen circumstance. 

Even with these, things can get sideways (ask me how I know...).At this point, I recommend getting the written change orders and discuss what is going to be changed and the related cost, what is going to be left unchanged (no additional cost), and discuss who is paying for for the changes (based on unforeseen repairs or contractor error). 

I wanted to reach out and ask if a partnership has any unforeseen problems that could arise?