Also may not be able to pay last months rent.. Can they sue me if they don't accept an agreement?
2006-12-24 06:02:31 · 7 answers · asked by tfrancis823 2 in Business & Finance ➔ Renting & Real Estate
a lease is a legal document. if you signed it, you are obligated to everything that the lease states. which means, yes, you have to pay the money. if you do not, they could take you to civil court. talk to your landlord, maybe they can put you on a payment plan.
2006-12-24 06:13:06 · answer #1 · answered by Anonymous · 0⤊ 0⤋
YES AND NO
If the lease states that all you have to do is pay an additional month and a half rent to break your lease and you can't come up with it or even the last months rent you can count on them suing you for it or the full term of the lease (plus any damages to the unit) at their discretion. Even if you come up with the money you can say bye bye to your security deposit if you break the lease.
Assuming you give a 30 day notice, you can try to make arrangements with the landlord to pay off the 1 1/2 month rent penalty (plus interest) after you leave (not many really wants to go to court), but I doubt they would be too receptive if you didn't pay the last months rent too. The worst thing you can do to is leave without saying a word.
2006-12-24 14:20:31 · answer #2 · answered by linkus86 7 · 0⤊ 0⤋
Did you give 30 day notice? If so U R on the right track, but if u r still going to live there and cant pay for the mo. u r there they could file eviction, u dont want that ruins ur rental history and will make getting a new place so hard, not to mention credit, auto loan etc. If you r paying cost of relet which is a % due after u move, I believe the office would be willing to take pmts. u should have this agreement in writing with the amt u will pay per mo. and on what date, u should get a copy with ur sig, and theirs for ur records, if u break this agreement they will turn ur balance over to a collection agency, and then it will be on your credit report, so do all u can to work this out.
2006-12-24 14:15:14 · answer #3 · answered by bodacious baby 7 · 0⤊ 0⤋
Of course they can!
If your lease stated a penalty of 1.5 months rent (a very good deal) then that's what you owe them in addition to any unpaid rent and damages beyond your security deposit, if any.
They're under no obligation to accept a payment agreement but most would be willing to do so as long as it's reasonable.
2006-12-24 17:00:17 · answer #4 · answered by Bostonian In MO 7 · 0⤊ 0⤋
Don't know the GA laws, but, most states if you break a lease, you have to pay the penalities. As the landlord before you leave. You may be able to sublease, get some one to take your lease.
2006-12-24 14:09:43 · answer #5 · answered by ruth4526 7 · 0⤊ 0⤋
You'll need to be very forthcoming with the management of the property. You can only pay what you can pay, and most management offices HATE collections and bad debt risk. Talk to the Regional Manager or the Community Manager to see if you can negotiate money now, and payments later in order to keep them from taking you to collections.
But, honor your payment committments because they will be able to make your credit history look like swiss cheese by missing one payment. So, be realistic and try to pay it off as fast as you can.
2006-12-24 15:18:37 · answer #6 · answered by KSilver123 1 · 0⤊ 0⤋
If they don't accept your agreement, they can and probably will seek a judgment.
Now, should they obtain a judgment against you, it will stay on the Georgia records for 7 years and then (providing they don't take you back to court during that time period) it will expire (and fall off your credit report)
2006-12-24 17:22:53 · answer #7 · answered by Laquishacashaunette 4 · 0⤊ 0⤋