Has anyone here broken a lease. We have just moved here because our last rental was sold. We have only been here a month and hubby may lose his job. What are real estates like when it comes to breaking a lease. We may want to move interstate as well. I know we have to pay our rent until they find someone else
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11-06-2013 13:32 #1
Breaking a lease.
11-06-2013 13:56 #2
Be honest. You may also be up for re-let fee. Life happens, it won't be held against you. What's the rental market like where you are? Is it likely that new tenants could be found quickly or do you anticipate it could take a while? Would you be better off staying till the end of the lease?
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11-06-2013 13:56 #3
I don't think they care as long as the rent is paid. You'll also have to pay a 'break lease fee' which was one weeks rent at my real estate.
If you explain your situation they should be more proactive in finding a new tenant.
11-06-2013 14:52 #4
Check your lease as there may be a breaking of lease clause stating the costs involved - usually 1 weeks rent plus advertising ( which is fair as the owner just paid this a month ago for them to find you!)
Just tell the agent why you need to break it and just make sure you make the home available for inspections so they can show it to as many tenants as possible to get it re let quicker for you!
Most owners don't mind as long at it does not cost them any extra fees!
11-06-2013 15:04 #5Senior Member
- Join Date
- Feb 2013
I think you can break a lease without penalty if you are in financial hardship... Not too sure how it works, but if it comes to that, might be worth looking into.
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