7 Steps to Lease Release – How To Get Out of a Lease Early
Under ideal circumstances, rental properties are safe, affordable and comfortable to live in. Unfortunately, things don’t always go as planned.
If you feel unsafe in your home, or if you get into financial difficulty and can’t afford the rent on your apartment, you might decide to move.
It depends on a few things—your landlord, your lease, etc. Worst case scenario, your landlord might take legal action against you. Or you may have to pay a penalty fee.
What Happens If You Break a Lease?
Getting out of a lease isn’t always easy, but most of the time, it can be done. Here are seven ways you can maximize your chances of breaking a lease early.
How Can You Get Out of a Lease Early?
Read Your Lease
If you plan to leave your rental property early, do read your lease before packing up. Focus on the fine print, because that’s where penalties, caveats and procedures for early termination usually live
If you need to break a lease, communicate with your landlord. Let your landlord know why you need to move, and try to reason with them before doing anything drastic.
Communication is Key
Get Everything in Writing
If your landlord agrees to let you out of your lease early, get that confirmation in writing. Verbal agreements are very hard to prove, and if you end up in court, your lease terms will probably prevail.
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