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How to get out of a lease without getting a neg. on our credit report?

We need to relocate back to T.X. for work and our lease isn't up for another 5 months.  What to do?
  • February 07 2013 - Cary
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Answers (9)

Forgot to mention this before, but I think it's very important and hasn't been addressed.  If the landlord agrees to let you out of the lease, GET IT IN WRITING!

Russ
  • February 23 2013
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As with most things in life, try to negotiate out of the lease without having the landlord lose money. In that case most will cooperate if you can offer a new tenant immediately after you want to move out.(or they will find one too) Nobody wants to excersise his legal rights as they are usually expensive and time consuming, which means a loss anyway for the owner.
  • February 22 2013
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Definetly read the lease and make sure you understand what your legal obligations are. Contact the landlord and explain your situation. As a loandlord I want to have good relationships with all my tenants and keep the property actively rented. Most reasonable people will work with you to secure a new tenant as soon as possible. Good rentals are in demand right now so it would benefit you to assist the landlord in keeping the property in show ready condition and accomodate any reasonable showings to support in finding a new tenant. You might need/offer to continue to pay the rent until a new tenant is found. In my experience most landlords want to fill the vacancy asap with a qualified tenant and will work diligently to secure that new tenant. Best of luck and remember you may need that landlord for a reference later. 
  • February 22 2013
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Best advice is first review your lease, know what you signed. A lease is a legal binding contract that will hold up in court. Some states do allow an early let out with a one month rent penalty, however some don't.

Talk to your landlord once you've read over your lease again, He or she may be willing to let you out early if they can secure another renter right away. Try to keep it positive with the landlord, don't let it get ugly,(remember you're the one looking to break contract, not the landlord)
  • February 22 2013
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The best way is to be honest with your landlord. Explain your situation and if they are still hesitant you could offer a settlement fee in exchange for a release. Keeping your credit clean will benefit you wherever you relocate and your landlord will appreciate your honest approach which will help if you need references in the new location.
  • February 22 2013
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Before doing anything else, review your lease!

If it is like most that I have dealt with, you are probably required to continue paying the rent for the 5 months.  There are always depends though, i.e. if you are military relocating, if landlord hasn't provided habitable conditions, etc.

If none of the depends are applicable (and they probably aren't), talk with your landlord.  Rentals are hot right now, and if he's like every other landlord I've known, myself included, he just wants his property rented.  If you can afford it, offer to pay next months rent while vacating this month and to let him keep the deposit as well.  Extra little tip, if you leave early, he is keeping the deposit anyways, shows you want to cooperate.

Hope this helps,

Russ
  • February 22 2013
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Review your lease agreement, normally most of the lease agreements have a clause that as long as you notified 30 days before and loose one month rent you should be able to get out of the lease without afecting your credit or relationship with your landlord.

Best of Luck,
Maria Cipollone
  • February 07 2013
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Discuss the situation with your landlord.   They may be willing to break the lease early if you pay rent until they find a tenant and perhaps pay extra towards the landlord's unexpected costs.   Sometimes you have to forfeit the security deposit.    These are only speculations, talk with your landlord.
  • February 07 2013
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Speak with your landlord and don't do a midnight move.
  • February 07 2013
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