Actions

  Print Article
  BookMark Article

Categories    Category List

Arts & Humanities
  Books & Authors
  Dancing
  Genealogy
  History
  Performing Arts
  Philosophy
  Poetry
  Theater & Acting
  Visual Arts
Beauty & Style
  Fashion & Accessories
  Hair
  Makeup
  Skin & Body
Business & Finance
  Advertising & Marketing
  Careers & Employment
  Corporations
  Credit
  Insurance
  Investing
  Personal Finance
  Renting & Real Estate
  Small Business
  Taxes
Cars & Transportation
  Aircraft
  Boats & Boating
  Car
  Insurance & Registration
  Maintenance & Repairs
  Motorcycles
  Rail
Computers & Internet
  Computer Networking
  Hardware
  Internet
  Programming & Design
  Security
  Software
Consumer Electronics
  Camcorders
  Cameras
  Cell Phones & Plans
  Games & Gear
  Home Theater
  Music & Music Players
  PDAs & Handhelds
  TVs
Dining Out
Education & Reference
  Financial Aid
  Higher Education
  Preschool
  Primary & Secondary Education
  Special Education
  Studying Abroad
  Teaching
Entertainment & Music
  Celebrities
  Comics & Animation
  Horoscopes
  Jokes & Riddles
  Magazines
  Movies
  Music
  Polls & Surveys
  Radio
  Television
Environment
  Alternative Fuel Vehicles
  Conservation
  Global Warming
  Green Living
Family & Relationships
  Family
  Friends
  Marriage & Divorce
  Singles & Dating
  Weddings
Food & Drink
  Beer, Wine & Spirits
  Cooking & Recipes
  Ethnic Cuisine
  Vegetarian & Vegan
Games & Recreation
  Amusement Parks
  Board Games
  Card Games
  Gambling
  Hobbies & Crafts
  Toys
  Video & Online Games
Health
  Alternative Medicine
  Dental
  Diet & Fitness
  Diseases & Conditions
  General Health Care
  Men's Health
  Mental Health
  Optical
  Women's Health
Home & Garden
  Cleaning & Laundry
  Decorating & Remodeling
  Do It Yourself (DIY)
  Garden & Landscape
  Maintenance & Repairs
Local Businesses
News & Events
  Current Events
  Media & Journalism
Pets
Politics & Government
  Civic Participation
  Elections
  Embassies & Consulates
  Government
  Immigration
  International Organizations
  Law & Ethics
  Military
  Politics
Pregnancy & Parenting
  Adolescent
  Adoption
  Baby Names
  Newborn & Baby
  Parenting
  Pregnancy
  Toddler & Preschooler
  Trying to Conceive
Science & Mathematics
  Agriculture
  Astronomy & Space
  Biology
  Botany
  Chemistry
  Earth Sciences & Geology
  Engineering
  Geography
  Mathematics
  Medicine
  Physics
  Weather
  Zoology
Social Science
  Anthropology
  Dream Interpretation
  Economics
  Gender Studies
  Psychology
  Sociology
Society & Culture
  Community Service
  Cultures & Groups
  Etiquette
  Holidays
  Languages
  Mythology & Folklore
  Religion & Spirituality
  Royalty
Sports
Travel

Online Now    Online Now

Author Login    Author Login

Welcome Guest! Please login or create an account.

Username:

Password:



Navigation    Navigation

ADS    Featured Author

ad

ADSDisclosure

Breaking a lease?

Author :

Submitted : 2018-06-15 02:07:12    Popularity:     

Tags: Breaking  lease  

Okay...so my roommate and I have decided to go our seperate ways. Both of our names are on the lease. The plan is to have me sign off the lease, leaving the lease in her name, and her breaking it. (she s ok with breaking it under her name) Will this affec

Answers:

A lease is meant to be a binding contract. You can not simply just sign yourself out of it. The landlord would have to sign it agreeing that you are released. Both you and your roomate are fully responsible for the lease.

If the landlord agrees to release you from the lease, either for free or for a fee. then it will not affect your credit.

If the landlord does not agree to release you from the lease, then it could affect your credit. The landlord will have a valid case against you if they choose to sue you for the unpaid rent. If they sue you they will win and your credit will be ruined when the judgement is reported to the credit agencies.

Is the landlord ok with letting you off the lease...that's not a call you or your roommate can make...

Landlords I know will never let someone off of a lease. The will review come lease renewal time, but there is absolutely no incentive to them to have you removed from the contract...

READ the lease first, there may be more than one penalty.

If you can actually pull that off, then nothing *should* affect you. I say 'should' because you never know what gets crossed, especially if you do this is a short period of time, with the landlord. I say 'pull that off' because you typically can't just remove someone from a lease. All parties, including the landlord, needs to agree and sign an amendment to the original lease. No smart landlord does this.

Deciding who would remain on the lease agreement is not a decision you and your roommate is able to make along.

Your landlord would have to agree in writing to allow you to be taken off the lease. This is not likely to happen. Your landlord would be weakening his financial position.

In breaking your lease, it is likely that you would still be on the lease. In being on the lease you and your roommate would be required to pay the financial penalty for breaching the lease agreement. You could be charged up to 3 months of the rent or until the unit has been rented again.

I hope this has been of some benefit to you, good luck


"FIGHT ON"

Yes, because it is doubtful that she qualifies so well on her own that you will be let out of the lease.

No, but have you tried getting out of your lease rather than breaking it? Many landlords would be ok if let them know you want to leave, but will help to find occupants to fill the unit. They would prefer to have consistency and predictability, rather than risk you leaving in a lurch. Just offer to make it super easy on them/help in any way you can. What is the alternative, law suits and hassle? They don't want that.

Talk to your landlord and expect to pay early termination fees.

If your landlord does not agree, you will not be removed from the lease.



Good
Back Homepage
Back


Article Source:
www.Aphotolog.Com

Answer Questions