My fiance and I are going to move in toguether into her house, We are going to get married on the 5th next month.. Well I Lived In the apt for 3 monthns. and I finnaly decided to brake the lease. I had no choice, and In the contract sais that I would have to pay Fees, and other $$ - total is around $1,600.00 , and I dont have the money to pay it - because I'm paying the IRS monthly payments. Now about the IRS I'm really scare of those guys!- whats the worst that could happen? I already gave them the keys, with $12.00 check for the water bill, and the apartment is very clean. One thing they made me mad about tough was that when I moved in , the sink was Moldie and very nasty! they took like 2 months to finnaly change the sink, but they left a hole for a part missing of the sink for the water hose. I took off and they still didn't finish the job. Well anybody has any words? Thanks
2006-07-14 05:12:10 · 8 answers · asked by happylatintomeet 1 in Business & Finance ➔ Renting & Real Estate
You would be liable for the amount stated in teh contract and also -- possibly the remaining payments of the lease. (For example, if there were supposed to be 12 payments of $500, and you only made 3 of them. You might have to pay the other 9 in a lump sum).
If you don't pay, they could sue you. If they win, you may also have to pay their attorney fees. If you still don't pay they can get a garnishment on your paycheck and collect the money directly from your employer.
If you choose not to work, they can ask the court to arrest you and put you in jail for a period of time, or until you do pay.
But mostly, they want to re-rent the apartment. Offer to help them do this, somehow.... and negotiate with them. Maybe they will be understanding about your situation and help you out.
Fun, huh?
2006-07-14 05:20:48 · answer #1 · answered by glenspot 3 · 0⤊ 0⤋
You will owe them the $1,600...
Plus they can sue you, depending on where you live you might have to pay court cost.
Then they will put it in collections. You will have to pay the collections fees. Which will accrue at a surprising rate.
Plus it will hurt your credit score.
WORST of ALL; they may be able to hold you responsible for all rent until they find another tenant!
The stuff the didn't do to fix the place hurts ethically, but since you didn't bring it to the housing authority, and they were in the process or "trying" to fix it. You don't really have ammo against them.
Sorry for the bad luck. Best bet? Talk to the apt. Manager. Tell them you are very sorry for the sudden move. That if you could have given them any more notice you would have. And You want to pay your debt as soon as possible. In good faith pay them as much as you can right then At least $100-200. (Get a receipt) Write out a payment plan of how you intend to pay them back $100 every two weeks for example.
Hopefully your earnestness will keep them from putting it in collections, or taking you to court.
Good luck.
2006-07-14 15:22:42 · answer #2 · answered by Crystal Violet 6 · 0⤊ 0⤋
If you break your lease, you can be held liable for the balance of the lease contract unless the landlord is able to re-let the unit. The landlord does have a duty to place a tenant in a reasonable length of time. Courts have typically held that 60 days is reasonable though local market conditions and practices may increase or reduce this.
The worst that can happen is that you will be compelled to pay, probably through a combination of withholding your security deposit and suit in small claims court for any balance.
2006-07-14 12:31:58 · answer #3 · answered by Bostonian In MO 7 · 0⤊ 0⤋
Well, if the contract says that if you break the lease you owe them around $1600, there's your answer. If you don't pay it they can sue you for it, and if they get a judgement, can attach your property for the balance. They might not do it, but they are within their rights to do so.
If the contract had not specified this, you could have been liable for the total of the rent to the end of the lease.
2006-07-14 12:17:57 · answer #4 · answered by Judy 7 · 0⤊ 0⤋
You are in violation of the contract. The moldie sink is a different issue.
You probably could have avoided this situation if you sublet your apartment, or had found someone else to rent it and introduced them to your landlord
2006-07-14 12:26:12 · answer #5 · answered by ps2754 5 · 0⤊ 0⤋
Jail time is the worst that could happen but it's not likely to come to that. it will end up on your credit, in a negative way. you may not be able to rent in your name again with out a hefty deposit. you would have to pay whatever they thought they were due to clear up your credit.
2006-07-14 12:34:32 · answer #6 · answered by jimmy dean 3 · 0⤊ 0⤋
you will need to pay or they will put this on collection and it will sit on your credit....better to pay then have that against you....talk to them and pay payments.
2006-07-14 12:17:35 · answer #7 · answered by baseballmommy 4 · 0⤊ 0⤋
they can ruin your credit if you have any if not No problem
2006-07-14 12:16:56 · answer #8 · answered by nora7142@verizon.net 6 · 0⤊ 0⤋