Asked by Julia Haubitz, New York, NY • Sun Feb 15, 2009
We are renting a flat in New York City. We are German and came here to start a business. But the economy crisis forces us to go back to Europe. Unfortunately we have signed a two years contract (17 month left). We have tried for weeks to find someone to reassign the lease to, but in this market it seems to be impossible, even if we offer it for a smaller rent (by giving money upfront). Our broker doesn't give us much hope either.
My question is, what would happen if we just go back to Europe and stop paying our rent. The Landlord doesn't know our address in Europe. Would the leasing office be fine with the two month lease deposit and drop the case? Can we ever come back to the USA or will there be a record on our social security number? Will they be able to track us down and fine us?
I know it would be against the law, but paying that much money for much longer would ruin us!
Please tell me what our options are and what the worst case scenario would be, if we just "escape".
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