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re: OT Lawyers--Landlord/Tenant Question
Posted on 12/26/14 at 12:33 pm to LuckySo-n-So
Posted on 12/26/14 at 12:33 pm to LuckySo-n-So
quote:
I am breaking my lease by 7 weeks, moving out in January. Landlord is charging me a " penalty" of one month's rent plus 25% of remaining lease, plus forfeiture of deposit (which was non-refundable because of a pet anyway).
This is not a well thought out exit strategy. If your rent is say $800/ month, that's $200 a week. 7 weeks was $1400 total due then off you go. Lease expires. Goodbye.
Instead you are paying $800 +25% of $1400 So $350+$800=$1150.
You are saving just $250 in this example and getting all this needless worry. That's crazy. But you are saving a little money.
I would have stuck it out.
1
Posted on 12/26/14 at 1:17 pm to Bullfrog
When I was younger and had to rent a house, I was in a similar spot. My landlord was a complete bitch while I rented. She would just show up and snoop around the house and ask this or that. Well, I bought a house and was sure she was going to screw me cause my lease wasn't up (it was her right). We sat down and I explained my intentions. She told me she was happy for me and that was the only time she ever smiled. I agreed to let potential renters view the house while I was still occupying it. She found a renter and gave me my deposit back. You never know, unless you actually talk to them and explain your situation. Good luck. Oh, and congrats on purchasing a house. It's one of the best feelings you will ever have. Renting sucks.
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