Sunday, August 22, 2010

Breaking rental lease?

Can you break a rental lease (no penalty costs) in an apartment if you show mortgage papers if you have purchased a new house? I live in the state of Oregon and planning on buying a home in Florida.Breaking rental lease?
Never heard of that. Why would the fact you are buying a house allow you to break the contract? But maybe you could see if you can sub-lease it or Ask to pay a penalty, remember you did sign a contract.Breaking rental lease?
You need to give some advance warning before leaving. If you decide you need to break your lease, explain to the LL you bought a new house and need to be moved into it by July 30...they might retain half of your Security deposit....that's what our company used to do, if the tenant didn't give us atleast 30 days before leaving.
nope. only people that applies to is military personnel being deployed to go to war. there is always a penalty fee involved. the best thing to do is notify your landlord in writing of your expected date to vacate. (give 30days notice) if they want to hold you to the terms of the lease, tenants have the option to do a lease assignment. where you pay a minimal fee to transfer the remainder of the lease into a new assignees name and they take over the remainder of the term. be realistic and negotitate with your landlord.
No, you can't. You have to give notice-if you are renting month to month, you give a month's notice. If you have a year's lease, you are obligated to pay for the months remaining on the lease.


You could talk with management to see if they will work for you, but by law, you must give notice.


Sorry,
I dont think so. A lease is a lease. Most likely you have to pay the equivalent of one moths rent and two weeks notice.
You need to work it out with your Landlord. Most Landlords will break the lease if they have a renter to fill your lease. I had a situation like that where we had a lease and needed to move, my landlord was a Witch. However I approached her nicely and told her that due to finances we can not afford to continue to rent her place. I asked her if we could sublease.


Well she went and rented our place out within 3 weeks and we were free dfrom the lease, Out of amazement she even gave us our security back..





My logic on this is because of the way I approached her and made her realize I could not afford my place probably made her think she better get someone to rent the house or she will be out of rent income. So it is much easier for a landord to get someone new to take over the lease verses having to argue ad fight an dthen end up in court, because that waste time and energy and it also can put a landlord out of income for quite some time.





A Landlord can hold you to the lease. It is a contract and usually there are no loop holes. I know this first hand. So talk openly with your landlord because commmunication is the Key.
Congrats on buying your new home. but really what does a mortgage have to do with an apartment lease? You read and signed the lease to agree to pay the rent to the end of the lease term. There is not written provision that if you buy a home we will let you out of your lease. Will the mortgage pay your for your apartment? I think not. That is not fair to the landlord. He/ She is not selling you the home? Your rental agreement says you are responsible to the end of the lease term. Pay the rent to the term. The landlord will put this on your credit. And be prepared to give up rights to your security deposit as well. Not personal just the business of renting an apartment.
Most likely, yes, but you have to read the lease. If so give thetenant a month's notice at least.
I don't believe so. A lease is a promise to pay for a certain amount of time, not to actually use the premises for that amount of time. They don't care if you're not living there anymore, but you still have to pay the rent. You will probably have to pay some sort of penalty (early lease termination penalty or a buyout). They will be more willing to work with you, so that you will be out of the apartment and they can begin showing to mitigate damages.
Well Yes, i have dont that:)we leased an apartment for 12 months but my husband transfered to oklahoma, so we had to move there, so after 4 month of renting, we were able to get out of the contract without any penalties, it all depends your leasing company, if you talk to them first they will helpyou.
Is that clause in your rental agreement? I would at least keep the rent current until the deals done in Fl.


a rental agreement is month-month, either party can end it w/ a 30 day notice. a lease is in a whole different


ball park.....

No comments:

Post a Comment