2007-09-26 12:54:32 · 3 answers · asked by Leon G 1 in Business & Finance ➔ Renting & Real Estate
Depends on the terms the lease was terminated or "broken". If your residence was home invaded and you felt your security was at risk and your land lord refused to let you out of the lease so you "broke" it then explaining these circumstances to your new potential land lord could be quit easy.
On the other hand if you "illegally" terminated your lease and your new potential land lord conducts a thorough rental history of you and your past tenancies then you will have a hard time because of your track record you pose as a high risk and as a land lord you try to keep your tenant turn-over ratio low so you safeguard your investments by selecting the appropriate tenant for your property, it has great long term potential benefits and it keeps from constantly paying for "move-out" upgrades and repairs.
2007-09-26 13:50:43 · answer #1 · answered by Caleb C 1 · 0⤊ 0⤋
Most property manager verify your previous rental history, so if you owe another complex money they will probably not rent to you. Besides, if you break your lease and owe the complex money it will be put on your credit report.
2007-09-27 01:42:01 · answer #2 · answered by brandyrhi 2 · 0⤊ 0⤋
As long as you pay up on any remaining liability and don't get sued by the landlord, nobody else would normally know about it.
2007-09-26 12:58:21 · answer #3 · answered by Bostonian In MO 7 · 0⤊ 0⤋