Wednesday, October 5, 2016

Will Landlord Allow Getting Out of Lease for Job Relocation?

Getting out of lease for a job relocation might sound like a good excuse, but it will not work legally with your landlord. Why? Because it is not a valid enough reason to terminate your lease early.
Imagine that if everyone could easily just terminate their leases simply by finding their dream job in another state. Wouldn’t that be so cool? Yeah, but it’s only a dream thought, nothing more.
There are honestly only a few reasons that would allow a tenant to break a lease, and as you can see, breaking a lease due to a job transfer is not one of them.  However, even the below exceptions would work state-to-state.
  • Serious health problems
  • Military duty
  • Domestic Violence
  • Covenant of Quite Enjoyment
  • Implied Warranty of Habitability
Job Relocation Negotiation
The one good advantage that can offset your expense in getting out of lease for a job relocation is your negotiated relocation package by your employer. 
Every employer knows that their employee is usually tied to a yearly apartment lease.  Breaking a lease would cost their valued employee a hefty penalty. 
We do suggest to contact your HR department and put your request of reimbursing your apartment lease break penalty in writing and get it submitted ASAP.
Provide Proof of Lease Agreement / Penalty Your landlord may have two options for you for breaking the lease. The easiest one is if there’s an actual lease break penalty associated with vacating your unit early. You can easily show your agreement to your employer or have the landlord fax proof of a penalty to your employer / HR department.
However, the worst case scenario is when your do not have any buyout option on your lease. In that case, you would need to find a replacement tenant or keep on paying the lease until it’s over.  This may delay your relocation and may cause some serious inconveniences at your job.  Contact Take Over Lease in case you need to find a tenant asap by calling 1-800-895-2550.

Friday, September 23, 2016

Reasons Why People Break Their Lease Agreement and How To Avoid It


Reasons Why People Break Their Lease Agreement and How To Avoid ItThere are a couple of reasons that could force you to think about breaking a lease. In this article, I am going to show you how to avoid breaking your lease.

Below is a list of situations that could compel you to break a lease:

·       When your neighbors have become a source of disturbance to you.
·       When you need to move to a new city as a result of a new job that requires you transfer or any other reason.
·       When you could no longer pay for the rent.
·       When your new job is far away from your apartment and you need to shorten the distance.

Nevertheless, you should always remember that there are always consequences when you break a lease because it is a binding contract between you and your landlord.


·       Losing your security deposits.
·       A continuous payment of the rent until your landlord finds a new tenant.
·       Reduce your chances of getting a new apartment on rent as your landlord may not speak well of you to other landlords.


However, in order to avoid these consequences, there are many alternatives for you as listed below:

·       You can sublet your apartment until your lease expires.
·       You can assign the lease.
·       Where the landlord fails to make the apartment a conducive for living, you can claim a constructive eviction.

Before signing any lease, make sure you study the procedures, limitations or regulations guiding such lease in order to have full understanding of the conditions attached to the agreement.

A better alternative is to contact Take-Over-Lease. We are specialists when it comes to helping people break their lease without facing any claim suit or penalty. Feel to call TakeOverLease at 1-800-895-2550 anytime in the day for more information, or contact us through the message box.


Monday, April 11, 2016

How to Break an Apartment Lease Agreement Without Penalty

Anyone signing a leasing agreement for an apartment does not realize that there might be some serious changes in their life that will make cause them to break their lease.  Breaking an apartment lease is costly and full of headaches.

Landlords love to charge early termination fees of at least 2 month's rent.  Well, if your apartment costs you about $1500 per month, you'll have to dish about $3000+ to break your lease.

The video below explains how to break an apartment lease agreement without penalty and moving on with your life and unaffected credit history.





Friday, May 29, 2015

Subletting and reletting most commonly confused terms

Subletting and re-letting are actually two different type of arrangements, but are most commonly used interchangeably. Sometimes, the leasing landlords or managers don’t even use them correctly.

What does re-letting a rental property mean?

When you are in need to vacate your apartment before your lease expires, due to a job transfer or purchase of a new house, your landlord gives you a chance to find another tenant who would assume your current lease, thus releasing you, as original tenant from it’s obligations. Once such a tenant is found, then new contractual relationship is established.

Subletting an apartment


Depending on the state you’re located in, your landlord is still obligated to make the “best effort” to find a new tenant as soon as possible, before you vacate. If this happens, it will be to your advantage and it will limit the amount of rent you’d be responsible for after ending your lease before the agreement date.

What does subletting a rental property mean?

Most apartment complexes or landlords do not allow you, as the current leaseholder to sublet your apartment to someone else for any period. However, some landlords do that especially if the apartment is located in the college area.

Generally, a tenant who’s on the lease rents a room to someone else,  and it’s usually referred to as subleasing (or subletting). The new subtenant may totally comply with all the terms and will in fact make all the promises to pay on behalf of the principal tenant on the lease. If subtenant tends to fall back on payments or refuse to pay for some reason, then you, as the principal tenant remain responsible for the lease and the landlord has a full right to sue you for it.

If subtenant also vandalizes the property, the principal tenant is responsible. This is unfortunately the down side to subleasing vs. re-letting the apartment.

Can my landlord help with my apartment lease break?

If you’re in a situation when you realize that you have to break your apartment lease due to your job transfer, purchase of home, or any other reason, most often than not, your landlord will NOT help you with the lease break.

95% of the time, landlords or apartment complexes are not obligated to help you with re-letting your apartment to another tenant.  They are also not obligated to be showing your apartment on your behalf, even if you ask them so.
apartment lease break


It’s also important for you as the current tenant to comply with landlord’s rules and regulations of the signed agreement.  Usually, it will state such lease break terms in the document that you had originally signed, when you just rented the apartment.

Accordingly, prior to vacating a property early and thereby defaulting under a lease, a residential tenant should attempt to find a suitable tenant to to take over the apartment lease, thereby mitigating his own potential damages.

Some landlords are hopeful that you will fail in finding a replacement tenant who’d take over your lease.  Why? Because most of the time, the lease break penalty for breaking your lease agreement is at least two months rent. If the landlord gets it from you, they are confident enough that they can quickly find someone who’d fill in your apartment spot and assume your monthly payments.

Saturday, February 21, 2015

How a broken apartment lease may affect your credit?

Breaking lease without any consequences is more like a dream come true, nowadays.  Unfortunately, when someone break a lease, they break the law.  However, there are many different reasons why someone could end up doing it.  Nevertheless, even if the reason is legitimate, your landlord does not particularly care and will hold you responsible for or make you pay an early lease break fee.

Every time you sign a leasing agreement for your apartment rental, you're basically letting your landlord know that their income is guaranteed for the next 12 months or so and you're obligated to pay it.  If you decide to leave early or break your lease, then they do have a clause in the agreement that will go into effect immediately.

Most rental communities nowadays have this early lease break clause to protect themselves in events that tenants want to leave early. Usually, rental office will allow you to do that, but you would be obligated to pay a fee, which could be at least 2 month's rent or greater.  The worst case scenario is when a leasing office does not even accept any fee and holds you up responsible for remaining months on your lease.

Let's assume that you do pay up the fee, and leave the premises, then your landlord will let you go free and not pursue you for anything.  However, if you don't pay your early termination fee, then your landlord will send your to a collections agency to collect the debt.  As we all know, the collections agency is the first step before being reported to a credit bureau. You really don't want your name ending up on their call list. They will of course give you some grace period to pay up the balance or set up some kind of payment plan.  However, after approximately 45 days of non-payment from you, you'll definitely be reported to credit bureau, which will greatly affect your credit for years to come.

My suggestion is to pay the fee and avoid the damage to your credit. This damage will cost you a lot more headache and inconveniences in the future.

Monday, February 16, 2015

Breaking a lease in Texas due to Job relocation

People still underestimate the consequences of a leasing contract of agreement. When you sign an agreement that you will be paying a certain amount every month for next 12 months, then you legally obligate yourself before law.
If you think you can simply break this legal promise, brace yourself for your landlord going 'full-speed' after you in a small claims court demanding that you pay the rest of the months on your agreement.

There's not a single leasing office in Texas that will acknowledge a reason for your early lease break, such as breaking a lease due to a new job

A tenant may also attempt to find a replacement tenant to rent the property. The landlord is not under any obligation to rent to this prospective tenant; however, if the landlord declines to rent to a qualified tenant and later sues the tenant, a court may rule for the tenant because the landlord refused to mitigate the damages.