Tips You Should Follow When Breaking a Lease Agreement

First of all, it's always advised that you never ever break your apartment lease agreement, unless you really really have to do that.  Breaking a lease requires unforeseen expenses out of pocket and huge headaches ahead.

Your first stop should be your landlord

Assuming that your life status has changed and you have to leave your hometown for a new job.  Ok, that's reasonable.  However, your landlord would most likely not care.  Why? Because he will instantly point to the leasing agreement that you had originally signed and that agreement states that you are legally bound to comply with the agreement.


If your landlord's words are not enough proof for you

If your landlord told you some gibberish and you don't believe what he said, I would strongly go back home and check your leasing agreement.  Look at a clause that will have words such as 'Lease Breaking' or 'Lease Assignment' or even 'Sublease'.  It should say something about breaking a lease agreement that will instantly give you your answer.

If your lease state you can transfer your lease - you're in luck

So, here's what you need to do.  As long as your apartment agreement that you signed states that you can transfer your apartment lease to anyone who's willing to take it, then all you have to do is find that qualified tenant.  Tenant will have to be qualified to take over your lease.  Potential tenant must have the following in place, in order for your landlord to qualify him/her:

• Good credit report - no eviction history
• Background - no criminal records
• Potential tenant(s) must show payment stubs with 3x the rent on monthly basis

If all these factors are in place, then your tenant will surely qualify without any issues. Landlords usually take 1-3 business days to run all these verifications.