How Can I Get Out of My Lease?

'how do I get out of my lease' is answered in this articleYour lease has a fixed term and moving out before the term is over could subject you to fines as stated in your contract. To avoid paying these huge fines, you should remember the following tips if you are wondering ‘how do I get out of my lease’?:

  1. Find loopholes in your lease. If you do not want to pay anything and you want your rental deposit back (or at least a portion of the deposit), you can check your rental contracts for any loopholes. If your contract states that the owner is responsible for any repairs made in the property then you could look for things that he has overlooked and take this as a reason for terminating your contract.
  2. If you have developed a good relationship with your landlord then he could possibly understand your situation. Explain why you need to terminate your contract early; negotiate and offer any of the following:
  • You could offer all or part of your security deposit.
  • You could help look for a new tenant. Along with this, you will shoulder all the expenses of placing ads, screening the new tenant and showing the unit. Reassure your landlord that the new renter has been screened and he will continue paying the rent in your place.
  1. Offer to pay rent even if you have already moved out. Provide your new address, your contact information and post-dated checks to reassure your landlord that you would pay up and he could release you from your contract.
  2. You can always move out legally; simply follow the moving out process that is included in your rental contract. Most landlords require a suitable notice from their tenants if they decide to move out. Written or a verbal notice that you will be vacating the property soon is very important. Some landlords require their tenants to give at least a month’s notice before they leave and their rental advanced payment may already be applied. You should check your contract regarding this or meet with your landlord regarding your plans.
  3. Avoid getting into a lawsuit or even a fight with your landlord and try to settle your differences in a polite and mature manner. If your landlord won’t allow you to break your contract and is still trying to make you pay for early termination of your contract then you could seek legal advice. Be aware of rental laws in your area so you will come prepared of anything that your landlord could throw at you.

To avoid these situations

Moving out before your lease is over could be a tiresome thing to do especially if your landlord would let you off the hook. To avoid these situations, you should develop a good relationship with your landlord from the start.

You should also be completely aware of your contract and remember that any violation or termination could lead to substantial fines. Also remember that once you try to get out of your lease, the law will be on the landlord’s side and you cannot stand a chance. So avoid these situations at all cost.