Breaking a lease

Breaking a lease Paul: Does anybody know the common penalty for a tennant breaking a lease?

-Paul
Re:Breaking a lease rhondam71: Paul:

Without even knowing what state/city you are in I can say "NOT GOOD"

Generall speaking, breaking a lease is difficult to do. You need to provde that your living conditions are not fit for living. If you are looking to break your lease for some other non-emergency reason, then find out if your city allows you to sublet. If you can get someone to take over your place that's one option. Otherwise, your landlord MAY go for a specified buyout but don't count on it. Especially if you are in a seasonal state that is getting cold now. Winter is bad timing for an apt to sit open empty.

Good luck!

Rhonda
 Re:Breaking a lease rhondam71: Forgot the most important part...if you break a lease for a non "approved" reason...you will more than likely get sued unless your landlord decides not to pursue it. If you live in a complex, I would count on it.
 Re:Breaking a lease tazme: Paul,
I was in property management for 6 yrs, manager of a community for 3 yrs. Depending on your state & most importantly your lease, you can do it, but there are penalities. Our policy was 60 written notice (required for any reason, breaking or not) & fee equal to one month's rent. The company I worked for before that, the policy was 30 day notice (again already required) & fee equal to 2 month's rent.

In my experience from working in the field, most apartment communities (at least in Southern PA), require the notice & a termination fee. The landlord COULD sue you, HOWEVER, they CAN NOT collect double rent - in ANY state. So if they sue you for the balance of the lease, once the apartment is rerented, the double rent amount would need to be refunded to you.

If you are renting from a "private" landlord, that actually may work to your benefit. Most private landlords don't know the "in's & out's" of the system, so they usually don't do anything.

The best advise is to carefully read over your lease &&&& MOST importantly - CALL YOUR LANDLORD!!! You do not want to be considered a "skip". You can also call you local government office (our's is the District Magistrate) & ask what if there are any set laws in your area/state.

Feel free to PM me if I can answer any questions for you!

Good Luck!!
Tazme :)
 Re:Breaking a lease dolbaby1977: i also used to be in property management for a lil over 6 years. usually, u need to give a 60 day written notice. the apt community will sumtimes charge you 2 full months of rent for penalty, and or make u pay for the apt until it is rented. however , if they rent the apt to sumone lese, they cant charge 2 differnt tenants to pay for the same apt. so, the sooner u give notice, the better :)
  Family Home Today Banner Family Home Today Banner