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Lease termination before lease expired due to job loss

Asked Dec 18, 2008, 10:06 AM — 5 Answers
I hope someone can answer this question for me. I had a lease for 8 months in St Louis (MO) however I stayed for 4 months now due to economic condition under cost cutting my job loosed (I was contact employee) I did not got any payment to close my lease agreements and I don't have any support to pay rent for next months and I don't have money left to pay termination. So now I think to give termination to my lease before 4 months however my land lord is not accepting the lease termination without any charges. They are asking me to pay 2 months rents + the offer initially they gave me. Now My question is their any rights or way close my lease without any changes or with min amount payments with the reason of losing job under tenant rights of Missouri Law. I have letter from client due to economic condition they did cost cutting and they end my contact in that company before. Please some one help us about this.

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Fr_Chuck's Avatar
Fr_Chuck Posts: 72,597, Reputation: 37026
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#2

Dec 18, 2008, 11:00 AM


No, they can expect payment in full till they rent the unit to someone else.
If you do not pay they will evict.
They can sue and get a judgement.
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ScottGem's Avatar
ScottGem Posts: 58,086, Reputation: 28135
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#3

Dec 18, 2008, 11:46 AM


A lease is a contract binding on both parties. That they offer a 2 month buyout is probably the best deal you will get. If you leave, you will owe rent until they find a new tenant or the lease expires.
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STLOUISRENTER's Avatar
STLOUISRENTER Posts: 2, Reputation: 1
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#4

Dec 19, 2008, 02:23 PM
If I pay 2 months rent in case some comes into that apt before 2 month how would I know ? Will they pay back that amount ?
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JudyKayTee's Avatar
JudyKayTee Posts: 45,397, Reputation: 23548
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#5

Dec 19, 2008, 02:41 PM
Quote:
Originally Posted by STLOUISRENTER View Post
If I pay 2 months rent in case some comes into that apt before 2 month how would I know ? Will they pay back that amount ?

You would have to trust them or have a friend/neighbor keep watch on your behalf.
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ScottGem's Avatar
ScottGem Posts: 58,086, Reputation: 28135
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#6

Dec 19, 2008, 07:42 PM


Actually you would be paying them a buyout or early termination fee. So even if they do find a new renter you wouldn't get a refund. On the other hand, if you don't negotiate a buy out then you could be held responsible for the rent until they find a new tenant. With the buyout, you are only responsible for the 2 months fee.
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