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  • PHeller

    Feb. 4, 2012 12:47 p.m. PHeller Dork

    My girlfriend and I are looking to get out of the cold, dreary, great lakes area.

    However, our short terms at both of our jobs will likely have us wanting to move 6 months in a 1 year lease. We're looking for at least 18 months of experience with my job at she'll have 4 years with hers.

    Now, our lease contract is up in August to re-sign.

    Our landlord is a huge property management firm with hundreds of units.

    The lease agreements says that if we break contract we owe 2 months rent over the current months ending rent. So if we wanted to leave in December, we'd have to pay December's rent, then January and February.

    This seems pretty outrageous considering our current economy. My girlfriend and I live cheap, and our rent is about %17 of our month income. Not huge, but if we had to pay 3 months rent, that is borderline on financial hardship, especially if we're switching jobs and locations.

    Any way out of this system?

  • MG Bryan

    Feb. 4, 2012 12:51 p.m. MG Bryan Dork

    Unless there is a way out written into the contract, there probably isn't a way out.

    Unfortunately, you knew the terms and you agreed to them.

  • SVreX

    Feb. 4, 2012 1:00 p.m. SVreX SuperDork

    PHeller wrote:

    This seems pretty outrageous considering our current economy.

    No offense, but if you were in the business of leasing apartments, you might consider breach of contract as a bit outrageous.

    What about the current economy changes that?

    There is nothing wrong with asking your landlord for an exception but, as noted above, you knew the deal when you signed the lease.

    Maybe they'll let you out of it. Go ahead and ask. If you've been there a while, paid on time, and been a good tenant they might be agreeable.

  • Maroon92

    Feb. 4, 2012 1:12 p.m. Maroon92 SuperDork

    Some places offer 6 month leases. Just ask, what's the worst that could happen.

    How do you know you will definitely have found another job in 6 months?

  • integraguy

    Feb. 4, 2012 1:37 p.m. integraguy SuperDork

    I would think that in the current economy, finding someone to re-rent your now vacated apartment WON'T be easy...if the management company were to let you walk. I have a rental property in a large Fl. city, the only way I get any long term tenants is with really low rents as there are enough empty apartments to make my house unattractive at too high a monthly rent.

    When I had to move out of that house and rent it out 23 years ago, the very first couple to rent it had your situation. That is, the company the guy worked for wanted to promote and transfer him. The wife stayed in the house a month or two but didn't want to be all alone and wanted me to intervene. I was afraid of setting a precedent.

    When I moved back to the city my rental property is in, I wanted to move in, but the folks who had it rented had a contract. (I had decided on the spur of the moment that I didn't care for the work and living situation I was in in the city I had been working in.) They had a contract I had to abide by...the saw cut both ways in that situation.

  • Feb. 4, 2012 2:38 p.m. slopecarver New Reader

    where I live If I can find a new tenant to replace myself I only need to pay $200 to leave, otherwise it is 2-months rent which is about how long it would take the complex to re-fill my apartment, often times a smart landlord will make more money when a tenant breaks contract or is evicted than if the tenant would have just stayed. But most times is is a loss for the landlord because laws favor the tenant.

  • mtn

    Feb. 4, 2012 2:43 p.m. mtn SuperDork

    Actually, that sounds pretty reasonable. In my lease, if I can't get out of it. The only ways out are death, find a subleaser, and stay til the end.

  • Datsun1500

    Feb. 4, 2012 4:48 p.m. Datsun1500 SuperDork

    Am I the only one reading this as you will need to sign a new lease August 2012 and want to move after that? If so ask to go to month to month. If I am wrong and you re-signed last August and want to leave now, then you are probably stuck with the terms.

  • Apexcarver

    Feb. 4, 2012 6:50 p.m. Apexcarver SuperDork

    Girlfriend and I have been in a similar situation. We decided to ride out the lease to the end rather then paying it off. So, we have stuck around Pittsburgh (which neither of us really care for) until the end of the lease. Lease is up and we move into the new place (round' DC) on the 25th of Feb.

  • curtis73

    Feb. 4, 2012 11:21 p.m. curtis73 SuperDork

    I think you'll find that a simple query with the office will help things out. That clause in the contract is in case you are deadbeats they can sue you.

    Here's the skinny on what I know (not a lawyer, just from my experience as a serial renter). Let's say you want to move out before your contract is up and you volunteer a big wad of cash to settle the terms of the lease. You have now satisfied your end of the contract and the rental is YOURS until the lease term ends. That means they can't legally rent the place for several months. They don't make any more money than if they just let you out of the lease and put new tenants in there. (other than the 2 months in your contract)

    The length of the lease term is a nice guarantee, but if you want out of it, most of the time they don't care.... especially if you have a sob story - "wife and I are getting transferred or we get booted" kinda thing. They will have to transition your apartment at some point, the lease terms just tend to insure that they don't have to do it every few months.

    Your first step is to call them and state your case. The worst they can do is say, "sorry, pay up." At that point you know they are only interested in that bonus two-months rent, or they are so lazy (or busy) that they can't possibly take on the extra load of prepping one more apartment for re-lease.

    The very large management company that I lived under was more than happy to release me from my contract when we decided to move. I was up-front about my reasons, offered to help them search for new tenants, be a reference for them if new tenants wanted to call me... it was a wonderful experience the few times I did it.

    On their end, the only real inconvenience is that they have to prep and clean the apartment now instead of a few months from now. There is a fear of not being able to fill the apartment once you leave, but the economy isn't really making it easy for people to get home loans, so they have plenty of applicants.

    Do yourself a favor and do these two things:
    1) offer to make the apartment interior ready for move-in of new tenants. Scrub, clean, sanitize, everything.
    2) Inform them that you will be sending them a letter outlining the condition of things that you observe. Include a highly detailed list of what was cleaned, paint chips in the siding, a crack in the basement wall, a curled shingle on the roof, everything. I list mine all in an outline format and I even describe things that need no attention.

    One of their weaknesses is that they only have time for a 1/2 hour inspection and they can't actively plan ahead on what needs to be done. If you give them a heads up on most of that stuff they usually LOVE you. They are walking blindly into an apartment that they may have not seen for 4 years and trying to diagnose and repair everything in the shortest amount of time possible so they can get it rented again. Giving them a heads up (and tossing them a bone or two by going above the call of duty) is always a bonus. I basically played the part of amateur contractor and told them all the things that they might otherwise miss. They LOVED me because its better to get a jumpstart on that now instead of listening to a bitchy tenant complain about it later.

    Example. When I ditched my last apartment I cleaned. When I say cleaned, I mean cleaned. I pulled the stove and fridge out from the wall and scrubbed the floors, the sides of the appliances, the walls, everything. I took pictures for my reference. I described (in the letter) what products I used to clean; clorox clean-up in the bathrooms, simple green to clean the dirty fingerprints from the doors, bleach/water solution to sanitize the grout in the tile floors...

    The bottom line is... who cares if you actually did it? As long as it looks clean and smells clean, they think you are an anal-retentive god and tend to assume that you are worthy of sainthood.

    I sent my exit letter two days before the move-out inspection, and the property manager showed up and handed me a letter of recommendation before even looking at the apartment. He knew we were buying a house and he figured we already had a loan, but he wanted to make sure that I could show proof to a bank that I was flawless in paying my rent on time in case it helped us get a loan, or maybe give us some bargaining room on interest.

    .... and then I left a big poop in the toilet before I left. Not really, but that would have been funny, right?

  • curtis73

    Feb. 4, 2012 11:34 p.m. curtis73 SuperDork

    mtn wrote:

    Actually, that sounds pretty reasonable. In my lease, if I can't get out of it. The only ways out are death, find a subleaser, and stay til the end.

    That's kinda odd... sublets are usually a terrible idea in the eyes of the manager. That's like hiring a new employee and telling him that he needs to hire everyone from now on without knowing anything about hiring.

    They choose who lives in their apartment. Letting someone else live there is the potential for massive damage.

    Put it this way... they don't benefit from those terms. If a tenant wants to leave, their motivation to pay rent goes from first priority to last. They are not in the business of mass litigation; suing multiple people for money that they'll never see. They are in the business of keeping people in their apartments. Given the choice between switching from you to someone else vs. forcing you to stay and potentially not give a E36 M3, they'll choose the new tenant every time.

  • mtn

    Feb. 5, 2012 9:32 a.m. mtn SuperDork

    curtis73 wrote:

    mtn wrote:

    Actually, that sounds pretty reasonable. In my lease, if I can't get out of it. The only ways out are death, find a subleaser, and stay til the end.

    That's kinda odd... sublets are usually a terrible idea in the eyes of the manager. That's like hiring a new employee and telling him that he needs to hire everyone from now on without knowing anything about hiring.

    They choose who lives in their apartment. Letting someone else live there is the potential for massive damage.

    Put it this way... they don't benefit from those terms. If a tenant wants to leave, their motivation to pay rent goes from first priority to last. They are not in the business of mass litigation; suing multiple people for money that they'll never see. They are in the business of keeping people in their apartments. Given the choice between switching from you to someone else vs. forcing you to stay and potentially not give a E36 M3, they'll choose the new tenant every time.

    Should have explained that it is student housing with a giant apartment management company. 99% of the people in the company's buildings are students.

  • PHeller

    Feb. 5, 2012 2:48 p.m. PHeller Dork

    We'll try being up front when the time comes.

    Girlfriend knows a nice guy who has a few rental properties, and he'd probably allow us to move into one of his places a month-month lease, but that'd also mean moving into a storage unit in prep of a bigger move out of the state.

  • pilotbraden

    Feb. 6, 2012 9:27 a.m. pilotbraden Dork

    In reply to curtis73:

    and then I left a big poop in the toilet before I left. Not really, but that would have been funny, right?

    Upper decker?

 
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