Sometimes, a living situation just doesn’t work out and you need to leave. Maybe you can’t afford the rent after a roommate moved out or you need to relocate for a job. Whatever your reason, you need to break your lease and leave. Next, you will need another one. It won’t be as easy this time. Renting an apartment with a broken lease is often tough to do, especially if it’s recent. Your potential landlord will see your rental history and be less than pleased. If you can afford to pay off the balance you owe to the past landlord, be sure to do it before you begin your Houston, TX apartment hunt. If you can’t, it’s still possible for you to find a home, but it will take some effort on both your part and on the part of your industry expert at Creative Realty.
It’s time you learn more about Second Chance Leasing situations in the Houston, TX area. This is the apartment leasing opportunity that is right for you at this point in your life. Many renters get into temporary situations that negatively affect their finances and credit, then find it difficult or impossible to be approved by many apartment communities.
Recently, Houston apartment properties have made changes to guidelines for 2nd chance clients like you. Apartments have been making it more difficult for potential renters that have 2nd chance issues to be approved, but Creative Realty is still able to help you get into a great place to live. First, you’ll need to be aware of the following information regarding moving out of your current lease early:
#1 Many properties now require a $0 balance owed on broken leases, evictions, and other apartment debts owed. It is recommended that previous balances owed be paid off prior to making applications. You may be able to reduce your large balance owed, and should make all attempts to do so.
#2 There are new, major consequences for terminating a past lease. If you did not have a legal excuse for terminating early or the landlord legally terminates your right of possession, you can be held responsible for the remaining rental payments under the lease. This is the maximum potential liability for rent for premature termination. You can also be liable for damages to the property, and reasonable cleaning fees if authorized in the lease. If you move out early and your deposit is too small to cover these charges, the landlord may pursue other actions to collect the funds and will often report these charges to credit agencies if needed.
#3 It doesn’t have to come down to these consequences, though. If you want to terminate your lease early, it is recommended to try to work with your landlord. If you make a deal, you can reduce the agreement in writing to prove you are no longer responsible under the lease.
#4 Whether you are able to make a deal or not, you should at least provide the landlord notice of your intentions to leave so that you can receive credit for any rents collected after you move, and another tenant has replaced you. Providing this notice will allow the landlord to find another tenant quicker. Your landlord has the duty to mitigate damages if you abandon your residence in violation of your lease. You can also find someone else to rent your place to lower your financial liability, as long as the landlord approves. However, landlords can charge you a reasonable “reletting fee” for having to prepare the apartment for someone new as well as having to redo paperwork. The reletting fee must be a fair amount to cover actual expenses and cannot be unfairly inflated. If a new tenant is not found, a landlord can charge you only for the total rent owed under the rest of your lease.
If you do move out early, with or without an agreement, this may avoid additional penalties being assessed:
– Contact your apartment and request the date your apartment was re-leased
– Request credit from the date your apartment was re-leased
– If they refuse or do not respond, send a registered letter demanding this credit
– Dispute the charge to all three credit bureaus
– Contact an attorney
At Creative Realty, we are here to help! Reach out to us at 855-208-2221 and find out more about how we can aid you with this situation.