How to terminate lease early?
By Tenant
When we talk about lease agreement, we often refer it as the contract signed between two parties that involve a tenant and a landlord. A lease agreement is a binding contract and can be used in court. However there are also some instances wherein a tenant would want to break their lease before it even expires. Here are some tips and instructions on how to break lease early:
- Check your state laws. First of all you must have a background of your landlord tenant laws in your state. You need to know what your local state say about the causes and consequences if you terminate your lease early. This is a very important thing to do because whatever your lease states that conflicts with the landlord tenant law in your local state, the local law will and can govern the situation thus making your lease null and void.
- Review your lease agreement. After checking your state laws, you need to take a look into your lease agreement signed. Your lease may contain many clauses with regards to termination of lease i.e. consequences of lease termination and sometimes it even states having to pay or “liquidation damages”. These “liquidation damages” are damages that the landlord will assert as a result to the apartment being empty due to the tenant moving before his lease expires.
- Reason for termination of lease. The reason of you moving early is very important in determining on how much security deposit you can get back and if you owe your landlord any additional money. For example the reason you are terminating your lease early is because the apartment you are renting is classified as uninhabitable, thus in which case you can terminate your lease for constructive eviction wherein the landlord is responsible to provide you with compensation in the expense of you moving out and finding a new place to live.
Edited on: Sunday, December 15th, 2013 7:24 pm
15 Responses to “How to terminate lease early?”
Phyliss March 12th, 2013 1:20 am |
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Can I terminate my lease early? |
Celina March 12th, 2013 12:20 pm |
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Is it legal to break my lease before it even expires? |
Hank March 12th, 2013 11:20 pm |
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Can I get my full deposit back? |
Ronny March 13th, 2013 10:20 am |
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Is there a fee I pay to my landlord if I terminate early? |
Donnie March 13th, 2013 9:20 pm |
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Do I have to pay the entire month if I decided to break my least during the first week of the month? |
Margit March 14th, 2013 8:20 am |
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Do I have to move out after I gave a notice to leave or could stay? |
Clifford March 14th, 2013 7:20 pm |
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What are the valid reasons to break lease early? |
Kenton March 15th, 2013 6:20 am |
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What are liquidation damages? |
Victor March 15th, 2013 5:20 pm |
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How can I know if my landlord is asking the right amount for liquidation damages? |
Refugia March 16th, 2013 4:40 am |
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Will this go in my credit? |
Fletcher March 16th, 2013 3:40 pm |
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What reasons qualify as constructive eviction? |
Thanh March 17th, 2013 2:20 am |
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Thanks! This really helps. |
Elliot March 17th, 2013 1:20 pm |
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Great Now I know what to do. |
Jaye March 18th, 2013 12:40 am |
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Do I have to pay the landlord for damages even though I will bring him a new tenant as a replacement? |
Anna March 18th, 2013 11:40 am |
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This helps with my termination |
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