General Area in 33312>Question Details

Steve, Other/Just Looking in Davie, FL

What is the legal requirement in FL for terminating a lease prior to the 1 year term of the lease.?

Asked by Steve, Davie, FL Thu Aug 16, 2007

I signed a one year lease 7 months and now wish to get out of it as I have found a property to purchase. The apartment complex tell me I have to pay a fee to terminate my lease early. I find this unusual as normally in this situation you just give a period of notice? In my case I am giving them 60 days notice and paying full rent upto that date?Thanks

Help the community by answering this question:

Answers

4
if assoc says you owe them money to break your lease you will need to read it. unfortunately if it says you cannot break your lease unless you pay 2months or no you cannot break it they can go after you for the remaining lease. read your lease or seek an attoney for advise on getting out of your lease.
0 votes Thank Flag Link Fri May 9, 2014
You signed a 12 month lease. Please read your lease. You lived there for 7 months and you still owe 5 months.
0 votes Thank Flag Link Sun Dec 1, 2013
The answer/s will be in the Lease
If you are committed to a 12 months Lease, if you move out early = breaking your Lease>>you (usually) owe them the balance of the Lease. What happen if your unit is rented before the end of your Lease? Depends on the Lease. In general, they can not profit (collecting from you) AND renting the unit at the same time...

****Did you like this post? If so, please click Green thumb. Thank you!

With enthusiasm,

Meir Aloni & Team

CRS (Certified Residential Specialist)

CDPE (Certified Distressed Property Expert)

RECS (Real Estate Cyberspace Society)

Successfully selling Broward County since 1986!
0 votes Thank Flag Link Sat Nov 30, 2013
You need to look back at the lease. Typically they are written in favor of the complex and would not included a provision to let you break early due to home purchase. In my experience lately they want the whole lease payment. If you move out early you still owe it, as that is what is contracted. They may give you a break if they can release it, but I've also seen them lease everything else first. Your best bet is probably to try to time your purchase with the end of the lease, or find someone to sublease from you if your current lease allows it. You can also try to negotiate with them to terminate early, but realize they probably don't have to do this. One thing you can try to do is arm yourself with good information when you go to negoatiate. Know your lease backwards and forwards. Know their vacancy rate and current rent rates. Is your place full with a waiting list or do they have lots of vacancies. If their is a waiting list, perhaps they can rent your place for more than you pay now so it is beneficial to them to let you out early. Good luck.
Web Reference: http://www.teamlynn.com
0 votes Thank Flag Link Thu Aug 16, 2007
Bruce Lynn, Real Estate Pro in Coppell, TX
MVP'08
Contact
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2015 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer