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  1. #1
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    Default Rental property question.

    If you have signed a lease on a new property but haven't exchanged any money what happens if you are seriously thinking of changing your mind....
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  2. #2
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    I would say unless you have a really nice property manager you are bound to the contract.

    Discuss with the agent and see if they are willing to allow you to withdraw your application perhaps? But legally speaking you have already signed on so I guess it's up to the agent and or property owner to let you out of the contract.

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    Check out - http://www.rta.qld.gov.au

    But I'm pretty sure what you've signed is legally binding.

  4. #4
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    Once the lease is signed that's it.... If they do let u out of it they will make u pay to re list it most likely or other fees for inconvience

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    Quote Originally Posted by grooviechic35 View Post
    Once the lease is signed that's it.... If they do let u out of it they will make u pay to re list it most likely or other fees for inconvience
    I agree, you will probably have to pay for the rent until they find a new tenant.

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    Check your lease for a breaking of lease fee - it's usually 1 weeks rent plus advertising which is what the landlord has already paid to find you and will have to pay again to find a new tenant and as pp said you will have to pay rent until a new tenant is found - call the property manager ASAP in case they had other good applications they can ring straight away and they may waive the fee ( if landlord agrees)

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