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Advice on breaking a lease

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Advice on breaking a lease

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Old Mar 11th 2009 | 5:39 pm
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Default Advice on breaking a lease

Am debating whether to break our lease or not. We have another 6 months here and we've never liked it, never settled. Anyway, big mistake, but I've been surfing the rentals and fallen in love with a property. Am due to view next week. Am wondering how easy/difficult it is to get out of our lease. I believe you have to pay for re-advertising and continue with the rent until a new tenant is found. Am unsure of the current market, as to how soon we'd find someone. This all sounds expensive and makes me think it might just be easier to sit it out for another 6 months. I know it's not the "right" thing to do but has anyone done a runner? If you were to pretend to your new landlord that you had just arrived in the country, they'd have no way of knowing would they? Or would they? Am just running things through my mind and not sure if I could carry it through but wondered if anyone has experience of this?
 
Old Mar 11th 2009 | 8:09 pm
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Default Re: Advice on breaking a lease

Dont do a runner, its not fair on the landlord and it could come back to bite you in the arse.

Alot of people assume landlords are rich and in most cases its not the way, you will just be causing the real estate agents and landlords grief by running off if they cant re-let and thats not cool.

I have broken lease about 4 times in my life always gone by the book and never been shafted if you do right by them, otherwise, smalltown etc will come back to you.

If it were me, id break lease first, be clear with agency you will stay until new tenant is found and then see what the traffic of people coming through is like to make a more calculated decision on looking elsewhere. Forget abouthouse you like until agency finds someone otherwise, guess what, you will be payng two lots of rent.

good luck, i know what it is like, once you dont like a place, but break lease, check the flow through and then look around
 
Old Mar 11th 2009 | 8:27 pm
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Default Re: Advice on breaking a lease

Yeah, have been thinking about it and I really wouldn't have the bottle to do it and don't think my concience would let me, let alone my husband. Only wish I hadn't signed for a year but we panicked and did what they wanted just to get the house. You live and learn eh? Thanks though, you've confirmed what I already know, it's wrong. Think I'll just sit and bide my time. 6 months isn't that long. Is it? (trying to convince herself)
 
Old Mar 11th 2009 | 11:25 pm
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Default Re: Advice on breaking a lease

I'm about to break our lease - We've only been in our let four weeks, but our offer on a house as been accepted. I'm giving six weeks notice, so hoping another tenant comes along before then. It's a decent four bed with pool if anyones interested? Oh yeh, it's in Currumbin Waters/Elanora. x
 
Old Mar 12th 2009 | 1:38 am
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Default Re: Advice on breaking a lease

if you are breaking a lease, effectively notice is neither here nor there. you can give thenm 6 weeks notice but if the property is vacant in 10 weeks and your lease is a 6 or 12 month, you will still be paying rent.

good luck, hope it goes.
 
Old Mar 12th 2009 | 1:48 am
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Default Re: Advice on breaking a lease

There is a database in Oz (which i believe covers all States), which 'bad tenants' are placed on. Real Estate agents search this database before accepting your application for a property, so in short you won't get away with it (or you will, but you will never be able to rent again).

We had to break our lease, but it was no problem, we were honest with the real estate agent, and paid our rent until a new tenant was found, and i think there was also an administration fee (fair eneaugh). I know about the database because the estate agent told us of that one of the people who had applied to take over our tenancy, was on the database, so they would not touch him.
 
Old Mar 12th 2009 | 2:49 am
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Default Re: Advice on breaking a lease

Glue it together again and hope no-one notices.
 

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