Breaking a Rental Lease?
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Join Date: Apr 2006
Location: Straight outta Compton
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Breaking a Rental Lease?
Does anyone know of any way to end your lease early without incurring any financial penalties? Or have any suggestions as to how I can keep these penalties to a minimum?
Last edited by Mach75; 22nd Nov 2007 at 06:04.
Join Date: Apr 2007
Location: HK- A little bit of industrial China in every breath you take.
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If you have an employment clause in your lease, quit your job...
Get some air quality testing done from a filter salesman and threaten to sue...
Develop an allergy to the carpets and threaten to sue.
Or meet the obligations you legally agreed to abide by when you signed. Much better for your Karma.
Or you could negotiate to sub let, if thats not possible, meet the costs of finding your replacement as a tenant, then advertise your place on asia expat, and if you negotiate a small increase in what you are paying, they will love to see the back of you!
Good luck.
Get some air quality testing done from a filter salesman and threaten to sue...
Develop an allergy to the carpets and threaten to sue.
Or meet the obligations you legally agreed to abide by when you signed. Much better for your Karma.
Or you could negotiate to sub let, if thats not possible, meet the costs of finding your replacement as a tenant, then advertise your place on asia expat, and if you negotiate a small increase in what you are paying, they will love to see the back of you!
Good luck.
Join Date: Jul 2004
Location: OneDegSouth
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Mach 75,
Been thru this scenario a couple of months ago.
I recommend chatting to a few property agents and finding out if you can find a replacement tenant for the same (or higher) rental.
I ended up finding a replacement tenant and only then contacting the Landlord. He got a new tenant at a slightly higher rate for a further 2 year contract.
Downside - I had to pay the Agency fee and the new stamp duty on his behalf BUT i did get my deposit back...
Bottom line - its tough getting away without some loss...
Been thru this scenario a couple of months ago.
I recommend chatting to a few property agents and finding out if you can find a replacement tenant for the same (or higher) rental.
I ended up finding a replacement tenant and only then contacting the Landlord. He got a new tenant at a slightly higher rate for a further 2 year contract.
Downside - I had to pay the Agency fee and the new stamp duty on his behalf BUT i did get my deposit back...
Bottom line - its tough getting away without some loss...
