I'm trying to find information from anyone that's done this before. I had to notify my complex of my plans for a future lease ( 3-6 month lease = $150 more then what im paying now) and i couldn't do that so I chose the 1 year lease. However it states that penalty for breaking the lease is 2 months of your current rent. I've been a great tenant for 5 years, is there a chance they would lessen the penalty for me? Or is it almost always a hefty penalty for breaking it?
Regardless of what anyone tells you in response, it is up to the lease holder. To summarize: Maybe, Maybe no.
Yup. Its up to the apartment management. Generally I have found that the bigger the complex, the more they are likely to screw you. If its a couple hundred units, you're just another number, regardless of how long you've been there.
p*rn prepared me for this kinda scenario. You now pray the owner is a hot female, otherwise it'll hurt.
Generally solid advice. If you are planning to move out you should notify them ASAP. I'd do this with a handwritten note/letter rather than an email or phone call. If they choose to be friendly and forgive you the 2 months owed, I would try to get something in writing. There are a few things you could to in the meantime... There are situations in which you can legally break the lease--i.e., the LL refuses to repair your apartment (I'm assuming this isn't the case). You could also attempt to find a replacement tenant, although the LL will still have to screen them.
What about this...... my current lease is good until 2/28... so I guess that whole breaking the lease thing wouldn't go into effect unless i broke it before then. The new contract won't be signed until mid-end of Feb. However they do require a 60 day notice upon moving out. Guess I could do 1 month lease and just pay the $150 extra for that month.
yea just tell them asap, pretty sure they let it slide. I told mine 30 days at my last location even though I think it was suppose to be 60 days also.
Depends on the apartment. My GF and I live at a smaller complex, they screwed her when she moved out of her place. She told the lease agent that she was going to move, like 50 days before she did. Then was told 30 days before that it had to be on paper. So she gave them it on paper, but then was told it wasn't in 60 days before her move. Originally they were trying to dock her for breaking the lease and moving out early. But they accepted her keys and she had already disconnected the electricity. (They had said she needed to stay for another 2 months). So I got involved, and got them to drop the lease breaking and instead they charged her some smaller fee for about $400, and fined her for every cleaning fee known on this planet.
Great tenants bribe the apartment manager with food all the time... did you do this? Then they will likely hold you to your financial obligation. You entered a contract.