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Breaking apartment lease
noir_blood
Registered User regular
Registered User regular
So due to a number of issues, some apartment related and some just life related, I would really like to move, hopefully by the beginning of January. Trouble is that my lease doesn't end till March. I looked at my contract, which states I would have to pay almost a month's rent so I got that covered.
What I wanted to know is how that would affect my credit/rental history. If I break lease, but I pay the fee and otherwise the apartment is in good shape, is that looked down up by other apartments? Should I tell the apartments I'm looking at that I'm considering breaking lease at my current apartment?
What I wanted to know is how that would affect my credit/rental history. If I break lease, but I pay the fee and otherwise the apartment is in good shape, is that looked down up by other apartments? Should I tell the apartments I'm looking at that I'm considering breaking lease at my current apartment?
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Traditionally what you have to do is either pay off the remaining months of rent and then leave, or move out and pay for two places at once.
Otherwise, violating your lease will get you the finger from lots of other apartments that you may want to live at, or at best a huge deposit. Unless they've done something so bad it violates THEIR end of the lease agreement, then it's out the window, but you have to prove that and all that crap
https://steamcommunity.com/profiles/76561197970666737/
recheck that
This.
Another thing to check for in your lease agreement is the number of days you're required to give notice before vacating. Most require 30-days notice, but I had one that required 60-days notice.
edit: also, that fee sounds really cheap. When we bought our house, we had to break our apartment lease. We had to pay for 60-days of rent (this was the 60-day notice place), PLUS a $1300 fee for breaking the lease early. Fuck Mark Taylor apartment communities.
The Best in Terms of Pants on JCCC3
to break a lease here costs like 2 months rent and additional fees
That doesn't make any sense. If I had the choice of breaking a lease and paying a fee + the rest of the months I owe, and just keeping it for the rest of the time, I'd keep it and not pay the fee.
IF you break the lease but pay everything, the affect is on the reference you're given. Your actual "credit" won't be hit for it.
If you don't pay everything - which you really haven't, honestly, until you have paperwork from the apartment that says so - and that balance gets to the point of collection, that's what will hit your credit.
I can't really say what numerical hit your credit score would take - credit scores are actually kind of hinky.
These guys are probably right about what your lease says - you're gonna have to read it pretty carefully.
The most forgiving leases i've seen have involved 30 days notice, one month's rent, and generally you're gonna forfeit your deposit.
I host a podcast about movies.
I spoke with my apartment landlord as soon as I had decided to get out. It was very civil - I told her my reasons for wanting to leave, she said "no problem - but you still owe us the early lease break fee." I didn't dispute.
The early lease break fee had been in the contract I had signed nearly a year ago so I didn't feel too bad. It was about a month's rent.
That said it didn't touch my credit at all. And I had several checks - my own check before applying for a mortgage, then the score the bank reported to me after checking my credit when I applied. No worries. It did cost me a bit, but not in credit.