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re: What happens when you bug out of a lease of apartment?
Posted on 12/26/15 at 9:11 am to SpiderY2Bannana
Posted on 12/26/15 at 9:11 am to SpiderY2Bannana
That is incorrect. I know for a fact that if you skip out of your lease that you can be and probably will be held financially responsible for the time remaining on the lease. Whether it's 2 months or 10 months.
1
Posted on 12/26/15 at 9:38 am to Aspercel
quote:
Depends on the company. We keep the deposit and charge through the end of the lease. Once it is rented again we revise that and charge until the day the new person moves in (can't charge double rent). But, it is slow season, so apartments are moving slowly. Make sure everything is paid as soon as you get that final revised bill or it will give him problems leasing inthe future.
This post agrees with what I have learned. The landlord either finds a new tenant or you have to pay. Landlord has some obligation to try but isn't required to work very hard at finding one.
Posted on 12/26/15 at 9:40 am to 75503Tiger
A lot of complexes and high-turnover type places have a buy-out set up because it's cleaner than handling each case individually.
Posted on 12/26/15 at 9:44 am to MBclass83
It really depends on your lease agreement since the laws in Louisiana really allow you to contract any terms you want.
When someone calls me about their deposit, I usually see forfeiture in two cases: 1) leaving the lease early and 2) not giving the required notice before moving out.
If he simply moves out, he could also be responsible for all future rent under the terms of the lease. If he waits to be evicted, the landlord cannot collect rent that becomes due after the eviction notice is issue but can still collect past rent.
When someone calls me about their deposit, I usually see forfeiture in two cases: 1) leaving the lease early and 2) not giving the required notice before moving out.
If he simply moves out, he could also be responsible for all future rent under the terms of the lease. If he waits to be evicted, the landlord cannot collect rent that becomes due after the eviction notice is issue but can still collect past rent.
This post was edited on 12/26/15 at 9:45 am
Posted on 12/26/15 at 9:47 am to euquol
But then he'll have an eviction on his record. Good luck renting another place after that...
Posted on 12/26/15 at 9:51 am to Aspercel
quote:
But then he'll have an eviction on his record. Good luck renting another place after that...
I have never been evicted but it will not be that hard. Not every rental is through a rental agency and even some that do will listen to your circumstances and may forgive a situation where you wanted out of a place where robberies and murders were taking place.
Posted on 12/26/15 at 10:00 am to euquol
You should also realize some landlords are assholes. I was diagnosed with cancer in May. I told my landlord I would have to move out because my cancer is very aggressive and I would not be able to pay the rent because I would not be working during my treatments. She kept my deposit because I did not give her the required 60 days notice.
Totally within her rights but still an a-hole move IMO.
Totally within her rights but still an a-hole move IMO.
Posted on 12/26/15 at 10:05 am to MBclass83
Bug out. Really? That's the phrase you decided on.
Posted on 12/26/15 at 10:34 am to MBclass83
They can report to credit bureau and usually do.
If he ever tries to rent or buy a house, it will create a problem. Can't imagine why.
If he ever tries to rent or buy a house, it will create a problem. Can't imagine why.
Posted on 12/26/15 at 10:41 am to MBclass83
you mean just moving out, not paying rent, and not telling the landlord? He signed a contract, if he can't sublease it then it's legally on him to pay the remaining monthly rent. I can't help but question your parenting skills if you have to come on the internet and ask about this
Posted on 12/26/15 at 10:46 am to Ed Osteen
Move out . Safety first. Then deal with it.
Posted on 12/26/15 at 10:48 am to Iron Lion
quote:
That is incorrect. I know for a fact that if you skip out of your lease that you can be and probably will be held financially responsible for the time remaining on the lease. Whether it's 2 months or 10 months.
You are correct but most companies aren't going to waste the time taking you to court just to break even in the end once lawyer's fees and court costs add up and such; these are not Microsoft and Walmart. My daughter wanted out of her lease and she worked it out with the lease company and pretty much all they did was keep her deposit and ding her credit, which, like a lot of kids, was shitty already.
This post was edited on 12/26/15 at 10:49 am
Posted on 12/26/15 at 11:41 am to artompkins
My experience in Louisiana has shown these options:
1. The lease has a buyout clause and you pay it.
2. They sue to enforce the lease, get a judgment against you for the full amount of the remaining lease, but can't rent it out for the remainder of the term (or get a judgment for the liquidated damages in the lease).
3. They seek to evict you formally, get a judgment for any unpaid rent (not future, just past due) and damages, and can lease it again right away.
4. Just walk away.
Options two and three really aren't as difficult as you think, and certainly won't be in Monroe where you have fast-track city courts. It all depends on the landlord.
1. The lease has a buyout clause and you pay it.
2. They sue to enforce the lease, get a judgment against you for the full amount of the remaining lease, but can't rent it out for the remainder of the term (or get a judgment for the liquidated damages in the lease).
3. They seek to evict you formally, get a judgment for any unpaid rent (not future, just past due) and damages, and can lease it again right away.
4. Just walk away.
Options two and three really aren't as difficult as you think, and certainly won't be in Monroe where you have fast-track city courts. It all depends on the landlord.
Posted on 12/26/15 at 12:04 pm to MBclass83
Tough to rent again if you break a lease.
Posted on 12/26/15 at 12:06 pm to yellowfin
If your son moves out, and they start tenting it to someone else, the only money they can get is the deposit, damages and how ever many months rent they missed.
Best to look for a sublet--I've broken a few leases but always found someone to take my spot beforehand and never had an issue.
Best to look for a sublet--I've broken a few leases but always found someone to take my spot beforehand and never had an issue.
Posted on 12/26/15 at 12:49 pm to MBclass83
1. State law governs leases. The general rules can be different.
2. VERY IMPORTANT! A lease is a mother fricking contract. Unless there is a reason to invalidate a particular clause -public policy, illegality, fraud, etc, etc - the contract (lease) will govern the relationship between the parties. If my lease, which you executed, says that you can vacate your lease by doing a chicken dance in my front yard...well, you better get to chicken dancing in the front fricking yard. Otherwise, you will have breached our contract, and that contract, and/or state law, will govern what can occur upon that breach.
Just because you saw the scenario play out in a certain way for your cousin's neighbor's uncle's friend does not mean that you know what the frick you are talking about.
OP, READ THE frickING LEASE!!! OR REDACT THE MOTHER frickER AND POST IT. OR GO SEE A frickING ATTORNEY.
There's not a person in this thread that has enough information to help you. Besides those people that told you that, in more or less words, the message board is full of fricking idiots.
2. VERY IMPORTANT! A lease is a mother fricking contract. Unless there is a reason to invalidate a particular clause -public policy, illegality, fraud, etc, etc - the contract (lease) will govern the relationship between the parties. If my lease, which you executed, says that you can vacate your lease by doing a chicken dance in my front yard...well, you better get to chicken dancing in the front fricking yard. Otherwise, you will have breached our contract, and that contract, and/or state law, will govern what can occur upon that breach.
Just because you saw the scenario play out in a certain way for your cousin's neighbor's uncle's friend does not mean that you know what the frick you are talking about.
OP, READ THE frickING LEASE!!! OR REDACT THE MOTHER frickER AND POST IT. OR GO SEE A frickING ATTORNEY.
There's not a person in this thread that has enough information to help you. Besides those people that told you that, in more or less words, the message board is full of fricking idiots.
Posted on 12/26/15 at 12:49 pm to artompkins
No but they can report it to credit bureau and THAT can screw you big time. The credit score won't but the credit line showing you stiffed housing payments will.
Posted on 12/26/15 at 1:02 pm to MBclass83
quote:Read the lease agreement???
It's for my son and only his name on lease.
Nah, ask the OT!!!
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