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    hihopes1's Avatar
    hihopes1 Posts: 3, Reputation: 1
    New Member
     
    #1

    Jan 21, 2009, 12:46 AM
    Breaking my renters' agreement early
    I lost my job last week and cannot make rent for next month. Landlord said if I wanted to vacate early then I would have to pay the remaining amount on the lease (2 months).


    What are my options?
    stevetcg's Avatar
    stevetcg Posts: 3,693, Reputation: 353
    Ultra Member
     
    #2

    Jan 21, 2009, 06:24 AM

    Your options are to pay, to run and get sued or to find someone to assume your lease.
    HistorianChick's Avatar
    HistorianChick Posts: 2,556, Reputation: 825
    Ultra Member
     
    #3

    Jan 21, 2009, 07:01 AM

    Unfortunately, when you sign a lease, you sign a promise to pay for however long the contract states. When you cannot pay that lease amount, you have to abide by what the contract/landlord has stated.

    Unless you can work out some type of payment plan with your landlord, you have to pay the complete amount.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #4

    Jan 21, 2009, 07:03 AM

    While I don't disagree with your first two responses, unless you are in Florida, the landlord is required to make a good faith effort to re rent the unit. And they cannot double dip, so once its rented, your obligation ends.
    hihopes1's Avatar
    hihopes1 Posts: 3, Reputation: 1
    New Member
     
    #5

    Jan 22, 2009, 02:18 AM

    Thank you all for clarifying my options, but after further review of my lease (Terms & Conditions) or within the "Resident Handbook and Community Policies" about negative consequences towards me should I choose to end the lease early.

    Am I obligated to pay the remaining 2 months even though it states no where in my lease agreement nor written policies?

    Thanks in advance!
    LisaB4657's Avatar
    LisaB4657 Posts: 3,662, Reputation: 534
    Expert
     
    #6

    Jan 22, 2009, 06:57 AM
    If your lease does not address the consequences of breaking your lease then by law you are responsible for the rent until the landlord re-rents the property or the end of the lease term, whichever occurs first. However, as noted above, in almost all states the landlord is required to make a reasonable effort to re-rent.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #7

    Jan 22, 2009, 07:16 AM

    As Lisa noted, the absence of a early termination clause in your lease, or a statutory requirement that there be one, means that you are required to fulfill the full terms of your lease.
    hihopes1's Avatar
    hihopes1 Posts: 3, Reputation: 1
    New Member
     
    #8

    Jan 22, 2009, 01:25 PM

    Thank you all for your expertise!

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