Can I Break My Lease?

Your lease is a contract, obligating you to pay rent for the entire term. The fact that you pay in monthly installments doesn’t change the fact that you owe the landlord for the entire amount. If you want to break the lease (contract) you will be responsible for the landlord’s damages (the remaining unpaid rent). Fortunately, the landlord cannot just sit back and wait for the lease to end and then sue you for the unpaid rent. Rather, a landlord must mitigate losses (reduce damages) by trying to rent out the place as soon as possible. If you must break your lease, try to find someone else to move in your place. If you do, the landlord will have no damages, and then cannot sue you. Keep in mind, the landlord does not need to accept any applicant who walks in the door. The landlord is entitled to be equally as selective with the next tenant as he was with you.
 Still, you can help the situation a lot by offering your landlord a replacement tenant.
Image Source
Advice: Try not to sublease the place but have the new person sign a new lease. If you must sublet, do so with the landlord’s written permission but realize you are still responsible under the lease. This means that you have to pay the rent if the new persons does not. If you rent on a month-to-month basis, you can move out after you give a written notice 30 days in advance to your landlord. The landlord can also give you a 30-day notice to move for no reason if you are on a month-to-month lease.

Popular Posts: Last Seven Days