How to Break a Lease Without Getting Sued

Save

Breaking a house or apartment lease has potential consequences such as being sued by your landlord. The judge handling your case will likely order you to pay the landlord and include a negative remark on your credit report. Breaking a lease could reduce your credit score by 50 points, according to Bankrate. Instead of walking away from the lease agreement early, use methods to decrease the likelihood of being sued.

  • Read your lease agreement to see if it includes a buyout clause. A buyout clause allows you to pay a certain amount in lieu of early release from your rental agreement.

  • Ask your landlord to accept monthly payments until he finds a new tenant. If you're relocating for employment reasons or if you plan on buying a house, ask your landlord for permission to break your lease early if and when he finds someone to take over the lease.

  • Satisfy the lease balance to avoid consequences. Stay on good terms with your landlord and avert a court case by paying off the lease balance before vacating the property.

  • Sublease your apartment to avoid a lawsuit. If your landlord does not allow early release, sublease the unit to avoid breaking the agreement early. You'll find a tenant for the apartment, and she'll cover the monthly rental costs once you move.

References

Promoted By Zergnet

Comments

You May Also Like

Related Searches

M
Is DIY in your DNA? Become part of our maker community.
Submit Your Work!