Comments on: How to Break a Lease Agreement with Minimal Damage

By: Roderick

Roderick — Wed, 06 Mar 2013 03:40:04 +0000

Beg! Oh man! You have to wish..and I mean WISH? that your landlord takes pity on you! Landlords have a business to run so they want to protect their investment at all times. Your begging may not have the same effect that you desire.

By: Cyrus

Cyrus — Tue, 05 Mar 2013 15:40:03 +0000

If you can even get your landlord to agree to a replacement tenant, it would be better news. A replacement tenant means that you will bring someone in who would pass all the requirements of the landlord and he will sign a new lease agreement. He will take over your apartment when you move out so there’s really no loss of business on your landlord’s part.

By: Carroll

Carroll — Tue, 05 Mar 2013 03:40:08 +0000

Correct. And if your landlord agrees that you sublease, stage the apartment really nicely so that you can find a new renter.

By: Truman

Truman — Mon, 04 Mar 2013 15:40:03 +0000

If you want to be out of the lease early and you don’t want to spend a lot, ask your landlord if you can sublease. Some landlords would allow this. Anyway, if you sublease, you will still be held responsible for the lease so if the replacement tenant doesn’t pay, your LL will still go after you. Subleasing is actually a risk for you, the tenant.

By: Kim

Kim — Mon, 04 Mar 2013 03:40:04 +0000

Maybe your termination fee is too huge that’s why your tenant has to setup a payment plan? I only charge half of the month’s rent as termination fee. Yes, it’s less than average but I want to make sure that my tenant can pay me. I don’t like the hassle of having to go after them because they had to setup a payment plan just to pay everything that they owe me.

By: Renee

Renee — Sun, 03 Mar 2013 15:20:06 +0000

But depending on the state laws and what’s written on the lease, the security deposit can also be used to cover any unpaid rent. So I think it’s just legal.

By: Mickey

Mickey — Sun, 03 Mar 2013 03:20:04 +0000

Isn’t it that the security deposit is only supposed to cover the cost of repairs?

By: Alyce

Alyce — Sat, 02 Mar 2013 15:20:04 +0000

I agree with the payment plan. I do that with tenants who want to break the lease early and cannot afford to pay the penalties. Of course, I need something to hold them by and I use the security deposit.

By: Merilyn

Merilyn — Sat, 02 Mar 2013 03:20:05 +0000

Is that legal? You may want to check your local state laws or seek legal assistance.

By: Edgar

Edgar — Fri, 01 Mar 2013 15:00:05 +0000

Yes, that’s probabaly the reason why your landlord did not ask you for a security deposit?because of the high early termination penalties.