Post # 1
Has anyone ever broken their lease early? Darling Husband and I would like to move in a couple of months, but our lease isn’t up until the end of November. We currently live about an hour away from work and we found a place that’s 5 minutes away from both of our jobs so we’d really like to move soon to save gas money/time, etc. I know this obviously isn’t a “legal” reason for breaking a lease, but I was reading in our lease agreement that if we wish to sever the lease early, we would only be let out if the lessor could find a new, suitable lessee (we live in a pretty popular apartment complex so I’m sure this wouldn’t be a *huge* issue).
I’m just looking for some advice – has anyone ever done this? Is this common? Tips? How would I even ask the apartment management about this?? (It’s a management company and our apartment complex has maybe 100+ units) Or should we suck it up and wait until Dec 1 to move??
Post # 3
How much does it cost to break the lease? I know ours is forfeit of our security deposit plus one months rent so we would lose over $1,000 to break ours. Not sure if that is worth it……
Post # 4
You could sublet the apartment with the permission of the landlord. We did that at our old apartment. We were still responsible for damage done by the other tenants (it was my husband’s friends). We were in a pretty big complex as well, we just asked them about subletting.
Post # 5
It depends on how much it costs for breaking the lease. For us, it’s two months rent, so it’s $4,000 for us to break a lease, and unless the savings would be greater than that, it wouldn’t be worth it. If you could find a good subletter, though, it could work…just make sure you clear it with the landlord!
Post # 6
Wow I didn’t even know there would be costs to breaking the lease other than being responsible for rent payments if they are unable to find someone to fill the unit (it doesn’t specify anything about additional fees/forfeit of security deposit in the lease agreement).
Post # 7
@MrsSaltWaterTaffy: This is a good idea, but we don’t really know anyone in the market for a new apartment and I definitely wouldn’t be comfortable with strangers coming in (and being responsible for what they do to the apartment…)
Post # 8
I broke my lease in Dallas and it was the same thing..I have to pay until someone else rents. I thought I would be fine because we had the largest of the one bedrooms and it’s in a nice neighborhood and our apartment backed up to a park. They told me that I would be the first priority to get rented out. Do you really think they are worried about renting out your apartment when it’s being paid for regardless? We got our mail forwarded to us and someone had opened something on accident and wrote “Not this address” with an arrow pointing to my “vacant” apartment. Now, how would someone be able to open my mail unless they were a tenant in that apartment? Hmm.. Every time I call they put me on hold forever and never answer. Then when I get ahold of the property manager I ask “Have you leased apartment #1903?” And she doesn’t even pause and tells me no. I doubt she knows off the top of her heard what apartments are vacant and not…I vote don’t break your lease.
Post # 9
- Wedding: August 2012 - Historic Lougheed House
My apartment lease has a 300 dollar “breaking” fee, plus you have to find a new tenant, or pay out the lease. We already talked to the landlord and he said that he is going to do repairs on the place so if we want out early, we will have to pay out the lease.
We have a house for June 1st, but our apartment lease is up July 31 (4 days before our wedding – ya I don’t THINK SO!!)….
So we’re paying 2 months, double rent. It sucks, but we can move slowly, and not be as stressed out.
Post # 10
A good friend of mine broke her lease about 2 months after moving in with her boyfriend. They ended up breaking up and since she was the dumper, he made her pay for the cost of breaking the lease. It ended up costing her over $3,000 to break the lease. She lost her security deposit and 2 months rent. So it might end up costing you quite a bit of money to break it.
Post # 11
I manage an apartment complex and have personally left prior to a lease ending when Darling Husband and I purchased our home. Check with your management office. They may offer you an opportunity to pay a penalty, usually an extra month’s rent, or if they are running short on your size unit, they may have an interested candidate sitting on a waiting list. Summer is typically when the majority of people relocate. Your situation occurs all of the time in this industry and if you are dealing with a reputable management company, they will have a solution.
Post # 12
@doxielove: I would just talk to the leasing agent because not all apartment communities are the same. At our last apartment if we had broken the lease we would have to continue paying rent until they got a new tenant or until or lease was up, whichever came first. However at my friend’s apartment, if she had broken her lease she would have to pay out the rest of the year up front AND pay back the difference from the months she lived there from her signing deal (signed a lease for a special at $465/mo, normal rent was $600/mo so she would have had to pay back $135 for every month she had lived there).
The best thing to do would be to talk to your specific community.
Post # 13
Ask your leasing agent because at my apartment, I have to pay 2 months rent if I break a lease before 6 months is up, after 6 months it’s 1.5 months rent. That was a HUGE factor in Darling Husband & I’s decision to wait on buying a house- paying $1200 just to be able to move somewhere else isn’t in the budget lol
Every place is diffrent!
Post # 14
It depends on the policies of the apartment complex. I broke my lease in Vegas a month early to move to FL to be with Darling Husband. I just had to pay a prorated amount until they could get someone else into my apartment. I think it took them 10 days.
Darling Husband looked into breaking the lease on his apartment when he bought our house. The penalty for breaking the lease would’ve cost more than just paying the rent until the lease was up. So he moved into the house in September, but kept paying rent on the apartment until February!
Post # 15
Have you lived in your apartment for more than a year? Some apartments have a set lease for the first year and then switch over to month to month after that. If you happen to have this arrangement then you should only have to give 30-60 days notice before moving out.
The penalty for breaking our lease is forfeiture of our security deposit + one months rent… so almost $3k and that’s ONLY if they can find someone to take the unit. If they can’t, we have to pay out the remainder of our lease which at $1300 p/month, is anything but cheap.
Post # 16
I would try to find someone to take over your lease for sure. The fees for breaking a lease are just really not fun to pay, and you could maybe avoid it by doing a little legwork. You should try Craigslist for a replacement person or couple to take over your lease – it actually ends up being a good deal for both because they get into the building at your current, presumably cheaper rate, and you get out of the lease. I have done this a couple of times, and while obviously it’s a pain to try to find someone, it’s worth it.
Make sure if you do that you get the new person/couple to take over the lease rather than merely sublet – people use the term “sublet” to mean a number of things, but legally (at least in my state) it means that you would still be contractually bound to the original contract between you and the landlord. You would have merely entered a new agreement with the subletter. You want to get yourself completely off of the lease and put the new person on in your place. Otherwise, you are still liable for the duration of the lease if they fail to pay their rent.