Discount Condo Rental
Breaking a lease without the contract having lease breaking terms?
My rental contract doesnt have any terms for breaking a lease. I asked at signing and they said “we don’t want people breaking their lease”, so they gave me a 6 month instead of a 12 month.
It seemed highly unusual, but it’s condos that couldn’t sell and they started renting, so they are a little clueless on rentals possibly.
Typically it’s one month rent forfeitted on breaking a lease, right? And a 60 day notice?
(Also, my rent is at a discounted rate, so it’s actually $300 more. I couldn’t see breaking a lease with 4 months to go and spending $4500+ to break it)
Are there legal rights or rules regarding these things? If I am relocated for a job out of state? Do I hope they are nice and are willing to negotiate? Just wondering about others experiences or legal/state laws…
If silent on a lease break, you have 2 choices. Negotiate a lease break fee or face the consequences of the lease break.
A lease break fee is normally equal to 2 months of rent plus the normal notice requirement in your lease. (You might be able to use your deposit as part of this fee if the LL permits it.) You negotiate this fee with the LL or management. If they accept, get a signed release relieving you of the obligations of your lease
The consequences of a lease break are many. Most state laws do require the LL to attempt to promptly re-rent to relive you of continued rent payments. (But there are at least 10 states whose laws say the LL has no obligation to do so. In those states you’re on the hook for the whole lease.)
You will owe rent until the unit is re-rented, advertising fees, agent fees if they use one to find a new tenant, any unpaid utilities you owe, and any other non-reimbursed costs the LL suffers because of your lease break. You will have to pay back any rent concessions or discounts you received throughout the leased period. If you fail to pay these costs, the LL can sue you for these monies and the judgment will go on your credit report.
There are no special exemptions for a lease break for being transferred to a new job. The only exceptions are for active duty military personnel who are deployed or reassigned (Fed. Service Members Act), people who become disabled and the unit cannot be made to accommodate their needs (Americans with Disabilities Act) , and in some states victims of domestic violence (local laws). Anyone else is not permitted to break a lease.
Madeira Beach FL Condo Rental on the Gulf of Mexico
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