Our Rental

Offering a free month's rent might be a good move but don't cash out your retirement for someone else's investment property. Before you give up that much money, talk to the landlord or property manager and see if they'll let you out of the lease by paying a penalty. Hopefully it will be less than 15 months of rent. It will also be a cleaner deal for the landlord to get someone new in the house rather than having you sublease to someone they don't know.

If you are already out of the house, you can paint and stage the house to look move- in ready. Or, hey, contact HGTV and tell them your dilemna and see if they have a show that will take you as a client!

I would consult with an attorney to see if there is a way to get out of the lease.

Definitely do not cash out your retirement for anything. As a retired person I can tell you that retirement is essential.

I've been renting for over 10 years now and have rented about 8 apartments/ town homes in that time (we moved a lot). I have never once finished out a lease. We have also never had to find another tenant or keep paying rent until it was rented out. We usually have just either payed a penalty (usually between $1000-$2000 to break lease) or if we were with in a couple months of our lease ending, they would just let us out with no penalty. See if you can just pay a penalty? We are currently in a 2 year lease. Our lease is up 1 year from this November (year and 2 months left). We are breaking our lease sometime between February and April. We are about to buy a new build town home and it won't be ready for moving into until then. We haven't told our landlords yet, but once it's all official (should be next week), then we will let them know what our plans are.
There is always a way to get out of your lease. You do not have to be responsible for the next 15 months.

It's crazy for them to expect you to pay out the lease, if you aren't living there any more.

Look up the laws in your area... They can reasonably expect a penalty, but I don't think the landlord is ALLOWED to charge full rent for breaking a lease...

If you signed a lease that does not end for 15 months, you are legally responsible for completing the lease term. If there are extenuating circumstances, you should talk to the owner/manager who *may* allow you to terminate early (with a penalty). Our state law is that the landlord/manager must do their "best effort" to find a replacement tentant. But, legally you would still be responsible for covering the remainder of your lease term (even if it did actually take 15 months to find a new tenant). I wonder how you can enter into a legal contract then just decide "oh, nevermind, I don't want to do this anymore" and leave someone else on the hook?! As a landlord, I have a lot of flexibility and compassion for my tenants and will help them out when & how I can, but trying to back out of a lease FIFTEEN MONTHS early?! Anyways, sorry for the rant, but we've had 2 tenants who just decided to up-and-leave early in their leases... and left us scrounging to find new tenants!
If, after 3 months, there haven't been any applications, the rent is probably too high for the market. Of course, you can just bail on the property, but I would suggest talking to the landlord to see if they can work with you (maybe reduce your rent for the remainder of your lease)? Otherwise, you could be taken to court and sued. You might want to think about your circumstances before you sign another lease...

where is the rental located, and what r the specs? We r looking 2 move & r looking for a rental. Ley me know were to find the info on this home and I'll take a look. thx

i thought you would pay a penalty for canceling the lease option...then they will just put it on the market by owner . i don't get it.