I have a 1yr apartment lease which I need to break. Can the landlord hold me legally responsible?

Answer 1

depends upon the legal jargon written in the contract as to the extent of liability on your part. You may lose part or all of your deposit, you may be liable for lost profits on his part if he cannot lease it back out immediately - lots of variables and options. Go read your lease contract to make sure.

Answer 2

Yes, they can. You signed a lease, that's a binding contract. They can also keep your security deposit. Some places are cool and let you break the lease, if your lucky maybe your landlord will too. It's best that you go to him/her and explain why you need to move out early. Don't just skip out because then they could legally sue you for all the rent you owe presently all the way to the end of your lease or until the apartment is re-rented. Good Luck.

Answer 3

Yes, you would be responsible. However, you may be able to come to some kind of settlement with your landlord. You might want to approach your landlord and ask him/her about it.

Amongst the options you may have would be to find someone to assign your lease to (this is different than a sublet, the assignee would assume all responsibility, whereas with a sublet, if the sub doesn't pay, it comes back on you). Also, the landlord may be willing to accept a settlement to let you out of the lease.

If you just skip out, the landlord can sue you for the balance of the lease. If the landlord wins the case, you will have a judgement on your record, which can make it difficult to get credit, a mortgage, or another apartment.

Answer 4

A employ is a binding settlement between the owner and the tenant. If the employ states it remains a standing settlement for the period of a 365 days, then meaning you're taking on the duty of paying the lease for that entire 365 days. If although, you've been 11 months into your 365 days employ, and also you leave, even with the very undeniable truth that it's going to breach the settlement, the land lord would only take the protection deposit and use it as your very last months fee. although if the living house in which you've rented, is in adverse condition, or has damages that were no longer there once you moved in, which incorporates a grimy carpet, partitions, wanting wiped clean, painted, and so on. they typically use the tenants protection deposit to pay for the upkeep, and some thing left over, commonly is going back to the tenant. both way, if it states on your employ that by using breaching the settlement, regulations and regulations of doing so, you ought to nonetheless leave the living house, although you'll nonetheless ought to pay for the period of the employ, month-to-month because it stands. you ought to communicate consisting of your land lord about searching someone to take over some thing of your employ. an excellent type of circumstances human beings do enable that. If it is by using coincidence what he/she is keen to do, then at that element you will be able to put up an ad on a area which incorporates craigslist asking if there are any human beings desirous to take over a employ. it really is neither subletting neither is it assigning co-tenants it really is only turning in household projects. desire this became a help!

Answer 5

Yes. They can usually require you to pay the remaining balance in full of the lease to break it or they can file some type of judgement against you on your credit record, which will follow you around the rest of your life until paid.

What you should consider is speaking with the landlord to see if you put up 1 or 2 months rent plus let him/her keep your security deposit, would he/she agree to break the lease in writing?

That would give him/her a couple of months' rent plus time to try to locate a new tenant for the property.

Answer 6

Yes they can..I would talk to the manager and see if you cant reach some kind of deal. But don't just skip out I used to be in the leasing business and they can go after you and when they do they will add more charges to your bill for legal fees.

Answer 7

Princess Angel doesn't know what she is talking about. First of all, the landlord can't keep the security deposit because you move out. The Security deposit is there to offset any phyiscal damage to the premise. You as the tenant can inform the landlord that if there is any remaining deposit to apply it to your debt.

Now to your question, Yes he can hold you financially responible.

Answer 8

yes. however, if u go to them and explain situation they might let u out of ur lease and u wont have to pay for full yr (if they deem reason to be worthy) otherwise, since u signed the piece of ppr which put in contract for 1 yr then ur responsible til it expires.

Answer 9

Yes. You signed a one year lease.

Answer 10

Yes, but see about getting someone to sublet the apartment or find someone to fill it altogether. If you put forth the effort of filling the spot you leave open, they may consider not penalizing you.