i have a lease with an appartment building and want to get out. I have 2 months left ont he lease at 700 a month.
What would hte best way of going about this be? if i leave how much will i have to pay?
2007-06-21 02:15:51 · 7 answers · asked by ainger452 3 in Business & Finance ➔ Renting & Real Estate
You would have to pay for the two months remaining on your lease. If you don`t pay and they have to use legal procedures for collecting the $1400 then you will also be liable for the legal fees in doing so.
2007-06-21 02:22:25 · answer #1 · answered by Hamish 7 · 0⤊ 0⤋
If you get nowhere with talking to the landlord and cannot afford to pay the last two months, last resort would be to have a few "Break the Lease" parties. Invite a bunch of people, get drunk and be loud, so you eventually get kicked out, with the landlord breaking the lease!
This used to work a long time ago, but I'm sure nowadays there is something in the lease documents that talks about this... it's worth a look! :)
2007-06-21 09:26:54 · answer #2 · answered by joe m 3 · 0⤊ 1⤋
Usually you have to give 30 days notice anyway, so that's one month. Why not just stay the last two months? Probably, your landlord will keep your security deposit if you break the lease. That's how it usually happens. He/she could also take you to court for the $1400 because you signed a legally binding contract saying that you would pay it.
2007-06-21 09:24:09 · answer #3 · answered by angela 6 · 0⤊ 0⤋
You can only ASK the landlord if he/she will agree to break your lease. If they refuse, you are contractually and legally obligated to financially honor the terms of the contract, regardless of when you leave. Depending on state law, you may be charged rents for the time period in which the apartment remains vacant during your lease, as well as advertising, cleaning and showing costs to replace you as a tenant.
Frankly, with only two months left, it's simply more sensible to pay the $1400 and be done with it. If you do not do so, you risk a judgment and credit damage.
2007-06-21 09:21:32 · answer #4 · answered by acermill 7 · 2⤊ 1⤋
It's not as simple as merely paying the 1,400 to get out if you terminate a lease early without a proper written agreement between you and the landlord allowing you to do so could lead to additional charges made against you for damages that could be incurred by the landlord for an unexpected early termination. You need to get together with the landlord and strike a termination agreement and then have a legal beagle draft it or review it. An ounce of prevention is worth a pound of cure.
2007-06-21 09:32:38 · answer #5 · answered by newmexicorealestateforms 6 · 0⤊ 2⤋
In some cases you cannot breech the contract. But in some cases you may be able to with a fee. The only person who can tell you this is your landlord. Personally talk to them about your situation. They might say that you have to stay there so they can get the apartment on the market and get it sold so they wont lose ne money.
Talking to your landlord is the best thing to do! Good Luck!
2007-06-21 09:20:52 · answer #6 · answered by NCIS ♥ Addict 6 · 0⤊ 0⤋
if u leave u will still owe for the 2 months on the lease. talk to your landlord about breaking ur lease, ur penatlty might be to let them keep your security deposit for leaving early. or u might be able to do a lease transfer where u fnd someone to talk over the remiander of the lease, go through building approval and transfer the lease into their name. but it would be up to you to find this person to transfer it ito. good luck, star by writing a letter to management about your intention to vacate early. t
2007-06-21 09:25:54 · answer #7 · answered by spadezgurl22 6 · 0⤊ 0⤋