My actual lease is up, and I'm renting month-to-month now. I'm supposed to give 60 days notice to vacate, but I am moving into a new house in the next 30 days. Is it important to pay the extra month and keep my rental history squeeky clean? Or does the rental history become irrelevant once I've got a house, mortgage, and equity?
2007-05-23 16:20:39 · 7 answers · asked by Nikki P 2 in Business & Finance ➔ Renting & Real Estate
My advice, is talk to the agent. If they can find a person to take up your lease within 30 days, then they won't mind.
If you skip your lease, then there will be no problem, unless you have to rent again, which could happen, even if it is unlikely.
I tend to favor sticking to the rules, because we want others to stick to the rules as well. But if you don't have the money you don't have the money.
2007-05-23 16:26:07 · answer #1 · answered by flingebunt 7 · 0⤊ 0⤋
you should seem over your lease to hit upon what effects you will could desire to pay, as each and every lease is diverse. i'm presently renting an house, and that i've got confidence that the penalty for breaking my lease is slightly below what i might pay for 2 months well worth of lease. My suggestion may be to go with quickly, as you pays extra lease the longer you wait. I additionally propose you to contemplate waiting till your cutting-edge lease runs out formerly you progression into the residence you're finding at, with the intention to stay away from paying any effects.
2016-10-13 07:04:19 · answer #2 · answered by reimold 4 · 0⤊ 0⤋
once you get the mortgage signed and locked in and you've transferred ownership. there's no going back on the banks side.
and yes if the LL wanted to sue you for the 60 days they could, but usually it more bother than the worth.
and if within the 60 day period they re-rent the apt, they have to credit you with the days of the re-rent.
there can be no double renting in the housing market.
so its your gamble for 60 days
2007-05-23 16:45:28 · answer #3 · answered by CW L 3 · 0⤊ 0⤋
I would talk with your landlord first, if they don't agree then you should keep your record clean, you never know what is down the road and you may need them as some kind of reference. My old landlord (of 7 yrs) helped me by vouching for me when my ex husband left and I had to get a new mortgage on my own.
2007-05-23 17:21:32 · answer #4 · answered by spazz2228 2 · 0⤊ 0⤋
It's not a question of whether the rental history is relevant. It isn't even a question of whether or not they can get a judgment against you, damage your credit, and put a lien on your house.
It's a question of whether you're an honest person or the kind who would deliberately cheat the landlord out of money you know is due, just because you think you can.
2007-05-23 16:37:23 · answer #5 · answered by open4one 7 · 0⤊ 1⤋
If you can afford to pay it I would...The apartment complex could put a collection on your credit and may cost you for future credit needs...CC, Cars, HELOC
2007-05-23 16:29:31 · answer #6 · answered by uofakat99 1 · 0⤊ 0⤋
I think that they might beable to keep your security deposit, read the lease that you signed, see what it say's about leaving early.
2007-05-23 16:24:01 · answer #7 · answered by Kathy C 3 · 0⤊ 0⤋