General,Rules,Governing,Leases finance, share, loan General Rules Governing Leases
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Penalties: penalties vary from agreement to agreement. Some require you to pay the amount in full if you wish to leave (i.e. pay the entire term amount although you wont be there for the entire time stated in the lease). Some will charge you a flat penalty fee. In any case, breaking a lease is not ideal. It will be a mark on your apartment rental history and it could make it harder for you to rent future apartments. Negotiating Your Way Out: in some cases, you can talk with your landlord/apartment manager to get out of a lease penalty free. If youre leaving because of poor conditions and you have evidence to back it up, you can state that the unit is not up to suitable living standards. If they state that the unit is fine when its clearly not, you can take it one step further and take them to court. If youre trying to break your lease because of a family emergency, new job, or some other reasonable reason, the landlord might have a heart and let you out of the lease without any penalties. It doesnt hurt playing the sad story card.
General,Rules,Governing,Leases