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How to get out of a lease

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Learn how to get out of a lease that isn’t working for you anymore

Most people sign a lease agreement feeling hopeful and excited about living in their new home or apartment. Typically, the idea is to enjoy a lease term of at least a year. However, sometimes a rental property or the landlord/tenant relationship isn’t what it seemed at first. In other cases, a sudden life change might mean that the lease just won’t work anymore. If you’re experiencing any of these situations, you’re probably wondering how to get out of a lease early.

Similar to a car lease or a commercial lease, it can be hard to get out of a current home or apartment lease. While every state has different landlord-tenant laws, we have a general guide that will answer the question, “How do I break a lease?” Read on to learn about the basics of early lease termination and some of your basic tenant rights.

What is an apartment lease?

When you sign a lease, you’ve agreed to a legally binding contract between you and your landlord. Typically, the term of your rental agreement will be one year. However, leases can be shorter or longer, which is why we recommend looking into how to find short term rentals. While you can often renew your lease contract, it can be a bit more difficult to get out of your current lease before it’s over.

break a lease

How can I legally get out of my lease early?

Even if you had the best intentions when you signed your lease, you might find it’s necessary to break your rental agreement. Sometimes, you can explain your situation to your landlord, and he or she won’t penalize you for breaking your lease without legal justification.

It’s not always this easy to get out of your lease, though. Breaking a lease without legal grounds can sometimes lead to consequences that can include paying your remaining rent and being subject to legal action. As a result, you’ll want to know the different ways to legally get out of your lease.

Your first step should be reading your rental agreement to learn about your lease obligations. Pay close attention to see if your lease includes an early termination clause or a subletting clause. You should also keep your eyes peeled for words like “early release,” “sublease” and “sublet.” You’ll want to read these relevant sections closely.

For example, your lease might require you to give advanced notice of your intention to vacate or to find a new tenant to take your place. You might also find that your residential lease will let you terminate it if you pay an early termination fee or surrender your security deposit. 

break a lease

How can you break a lease without paying?

Now that you know you can typically get out of a lease if you essentially pay a penalty, you might be wondering whether it’s possible to do it for free. Often, you can if you “mitigate the damages” of a broken lease by finding a replacement tenant. You can do this by either subletting or re-renting your apartment.

Subletting is when you or your landlord find someone who will take over your lease for the rest of the fixed term. The replacement renter will sign a sublease agreement, but the agreement will still be under your name. You can think of this as a lease transfer. This means you’re still legally responsible for any damage or unpaid monthly rent payments during the tenancy. You also won’t get your security deposit back until the end of the lease term.

Re-renting is when you or your landlord find a new tenant who will sign a new lease agreement. They’ll pay their own security deposit.

You may also be able to get out of a lease without paying a penalty if your landlord or your property manager fails to maintain the property. Your apartment must be fit and habitable, which means it must be clean and well-maintained. It must also have heat and running water and adhere to all health and safety codes. 

When a property isn’t maintained and the original tenant can’t use and enjoy the space, it is called constructive eviction. If this sounds like your situation, you should explore the legal options in your state for terminating your lease. 

What makes a lease null and void?

Another way that you can get out of a lease without paying any money is to have the contract declared null and void. Most of the time, a lease is void if it is fraudulent or signed under duress (being forced to sign a lease).

Additionally, your lease may be null and void if your rental unit is considered illegal in your state. For example, in some states, basement apartments are illegal. As a result, a lease for such an apartment would be null and void.

You can enjoy flexible lease terms in a beautiful coliving space

If you don’t want to live with the stresses of a rigid lease agreement, we offer furnished, coliving spaces with short term leases that can be a great option. With these short term leases and easy transfers, you won’t stress about a strict lease obligation, a lost rent payment, and won’t need to worry about how much it costs to furnish an apartment! Whether you’re looking for a new place, or you’re moving out of your parents’ house and learning how to live on your own, you can enjoy living in the city for an attainable price. Explore our coliving spaces today!

Source:

https://www.rent.com/blog/how-to-break-a-lease/

 

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