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Have you ever broke a lease? How hard was it?

Our building only has 16 units total, and 6 of them are empty.

We have been checking out this one house we want to look at, and it's pretty much a steal since it's a foreclosure. Our lease was just renewed. We never signed it, but if you don't give them two months notice you want to move or go month to month, it's automatically renewed.

I don't mind staying one more year, but I don't want to let this house get away. Anyone know how to get out of a lease?

(by the way, the management company SUCKS, that is why the units are emptying faster than they can occupy them)

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StifflersMom82

Asked by StifflersMom82 at 1:54 PM on Jun. 22, 2009 in Home & Garden

Level 4 (43 Credits)
Answers (6)
  • I should say that we weren't planning on moving, otherwise we would have went month to month when we had the option.
    StifflersMom82

    Answer by StifflersMom82 at 1:56 PM on Jun. 22, 2009

  • if you read your lease there should be a clause in there stating what the repercusions (sp?) are.
    lovemybaby283

    Answer by lovemybaby283 at 1:57 PM on Jun. 22, 2009

  • Yea, it's that we have to pay rent until they can rent it out...lol. They would rent all the empty units first.

    Technically, we can afford both. We would just be on a really tight budget until the lease is up.
    StifflersMom82

    Answer by StifflersMom82 at 2:01 PM on Jun. 22, 2009

  • I've broken a lease or two. I would check your state laws, because some states if you do not resign after a year, then the lease becomes a month to month lease by default. Its not usually that hard, in our case, we just moved. There are someplaces that will send you a bill for it, but most don't bother, or if they do and you don't pay it, they don't even report it to the credit bureaus. But that depends on your housing market, your rental co., and other things. Just don't expect your deposit back or a referrence. Check to see what your old lease said were the consequences and under what terms and conditions the rental company had to "keep things up on their end" maybe they are already in violation?
    Anonymous

    Answer by Anonymous at 2:01 PM on Jun. 22, 2009

  • if you break a lease to buy a house, you shouldnt have to keep paying, thats in most state laws atleast. wneh we broke our lease to move we just had to pay an extra months rent, not too bad. and we even got our deposit back, minus about $50 for some repairs
    2cuteboysrmine

    Answer by 2cuteboysrmine at 2:19 PM on Jun. 22, 2009

  • Check with your local tenants rights office, they may have suggestions for you.
    I would also contact the landlord to see if you can try subleasing on your own; you may be able to find someone for your apartmetn.
    rkoloms

    Answer by rkoloms at 7:56 AM on Jun. 23, 2009

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