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What to Expect When You Break a Lease

There are a lot of reasons why people have to break a lease. You need to move to another city because of work or school. There are a lot of valid reasons out there, but since you have breached the contract by moving out before your lease term ends, you have to face the consequences. The goal here is to avoid or pay the penalty fee that is appropriate for your situation.

Minimal or no penalty fee
If your home rental is badly damaged as a result of a break in or a calamity, you can break the lease without paying a penalty fee.

Soldiers who are called to active military duty are protected by the Soldiers’ and Sailor’s Civil Relief Act. This allows you to break the lease without a penalty.

If your health has taken a turn for the worst, some states allow you to break the lease with no penalty as well.

Moderate fee
If the landlord did not do his obligations towards you, you are not entitled to pay the full penalty fee. An example would be a landlord who did nothing about the hole in the roof even though you have filed a request for repair several times already.

Full fee
If you break the lease because you are getting married, divorced or have to transfer to another city because of work, you are obliged to pay the full fee says rental property management in Denver CO. There are some ways you can do to make your landlord charge you a lesser fee. You can give notice as early as possible and help look for a tenant to replace you.

Source: apartments.about.com