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Below is a list of the most common customer questions. If you can’t find an answer to your question, please don’t hesitate to reach out to us.
Look for loopholes in your lease agreement. Check the laws in your state. Prove to your landlord that the situation is out of your control. Figure out if your landlord could earn more by letting you leave. Make it clear that a lease break would improve the leasing schedule. Lay out the alternatives. Claim illegal entry.
One year is most typical. If you break the lease, you're breaking a contract, and the landlord can hold you responsible for paying the rent until the end of your lease term. For example, if you pay $1,800 a month and want to break your lease for the last four months, you could end up on the hook for $7,200.
One year is most typical. If you break the lease, you're breaking a contract, and the landlord can hold you responsible for paying the rent until the end of your lease term. For example, if you pay $1,800 a month and want to break your lease for the last four months, you could end up on the hook for $7,200.
An apartment lease is not a mortgage, so your landlord doesn't report payment activity to the credit bureaus. But if you break your lease, that can trigger a mark on your credit history, much like a delinquent loan would. This could affect your credit score because all judgments are entered into public record.
The potential consequences of a broken apartment lease include a civil lawsuit by your landlord to recover outstanding rent, harassment by debt collectors, long-term credit damage, and difficulty finding new housing.
Read Your Rental Agreement. Talk to Your Landlord. Find a New Renter. Consider Termination Offers. Be Prepared to Pay. Check with Local Tenants' Unions. Get Everything in Writing. Seek Legal Advice.
Transfer Your Lease. Probably the easiest and most popular way to get out of your lease early is to transfer it using a 3rd party service such as Swap A Lease or Lease Trader. Sell or Trade the Vehicle. Return Vehicle and Pay Penalties. Ask Leasing Company for Help. Default on the Payment.
Answer: You should carefully read the terms in your rental agreement regarding the duration of the lease and methods for terminating the lease. You may be able to enter into a separate agreement with the landlord to terminate the lease due to mental illness, especially since you disclosed the illness up front.
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