Breaking A Lease? School Me on This

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  • Deathtoll
    E30 Fanatic
    • Aug 2012
    • 1285

    #16
    Man that sucks, heres what you have to do.

    First off all your property and valueables should be located off site at a bank or something. Do not break the lease as it will affect your credit score. If you plan on buying a house in the future you want to make sure you don't screw up your credit report. My suggestion is to tough it out until the lease is over then get the heck out of there. I bought my house about three years ago and during the process they had to check a LONG time back and questioned me on EVERY damn thing I did in the last seven years!

    If you feel your family is in danger then just leave, You will hurt your credit but that can be repaired.


    Oh, and I don't want to hear how you people in Indiana pay 300 a month for 4.5 acres of land!

    Don't compare Indiana to a major metropolitan area, especially Houston!

    For what I pay in mortgage here I could probably buy an eleven bedroom house in Indiana ^-^
    -Art

    Comment

    • blefevre
      R3V Elite
      • Dec 2008
      • 4287

      #17
      Screw that. Pay whatever fee they have to break the contract and move on. It's not worth it with a wife and kids. It's just money.....which does you no good if some crackhead shoots you.

      - E30, DSM, Golf R, Mazda 3 Skyactiv

      Comment

      • TurboJake
        No R3VLimiter
        • Oct 2010
        • 3780

        #18
        Originally posted by Deathtoll
        For what I pay in mortgage here I could probably buy an eleven bedroom house in Indiana ^-^
        You would shit a brick if you saw how much I paid for my house.
        Let's just say that a lot of E30 M3's go for more than I paid.


        Leave Me Transaction Feedback

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        • AndrewBird
          The Mad Scientist
          • Oct 2003
          • 11892

          #19
          Light the apartments on fire. Done and done.

          Comment

          • Vtec?lol
            No R3VLimiter
            • Dec 2009
            • 3278

            #20
            Originally posted by NitroRustlerDriver
            Light the apartments on fire. Done and done.
            I like the way you think. Although I couldn't live with that on my hands. Theres kids and pets around.

            Originally posted by TurboJake
            You would shit a brick if you saw how much I paid for my house.
            Let's just say that a lot of E30 M3's go for more than I paid.
            Please tell!

            And to everyone else, you're right. I might just have to pay my way out and still take a negative strike on my rental history/credit. Shits tough man.

            Comment

            • wikkid
              Advanced Member
              • Aug 2012
              • 113

              #21
              You really have to read your lease. Many residential leases allow you an out with 30 days written notice, end of story. Residential leases are not the same as commercial leases.

              Every state and local authority has different rules, laws and reg's, however - NYC and NY state have greater protection for renters than you may have in Texas. Read your lease.

              Comment

              • butters
                E30 Fanatic
                • Nov 2010
                • 1202

                #22
                Originally posted by Deathtoll
                Do not break the lease as it will affect your credit score. If you plan on buying a house in the future you want to make sure you don't screw up your credit report.
                I'm exiting my lease early due to work relocation, company is paying the fee, I've given adequate notice. Will this still affect my history?

                Comment

                • ZoomZoomBoom
                  E30 Addict
                  • Oct 2012
                  • 475

                  #23
                  Paying the fee outlined in the lease to break the contract should allow you to be free and clear. I did that a few times in Oregon when I was in college and never had it hit my credit. It would be different if you just left and didn't pay.
                  1989 325iC Zinnoberrot

                  Comment

                  • TurboJake
                    No R3VLimiter
                    • Oct 2010
                    • 3780

                    #24
                    Originally posted by butters
                    I'm exiting my lease early due to work relocation, company is paying the fee, I've given adequate notice. Will this still affect my history?
                    No, you have fulfilled your obligation as per the lease. If it does, you can sue them.

                    Originally posted by Vtec?lol
                    Please tell!
                    I paid $20,095. 3BR, 2B, 1,700 SQ FT. Needs a little work here and there. But absolutely nothing major. Small things like the broken faux shudder, some wallpaper, a storm door, some paint, etc.






                    Last edited by TurboJake; 12-14-2012, 08:18 AM.


                    Leave Me Transaction Feedback

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                    • Vtec?lol
                      No R3VLimiter
                      • Dec 2009
                      • 3278

                      #25
                      A garage with a free house?

                      That's pretty sweet.

                      Comment

                      • deutschman
                        R3V Elite
                        • May 2008
                        • 5958

                        #26
                        Talk to your local renters board, and maybe a loyer.

                        TCH Tenants' Council of Houston
                        This website is for sale! houstontenants.org is your first and best source for all of the information you’re looking for. From general topics to more of what you would expect to find here, houstontenants.org has it all. We hope you find what you are searching for!
                        sigpic
                        "The bitterness of poor quality remains long after the sweetness of low price is forgotten."

                        Comment

                        • mrsleeve
                          I waste 90% of my day here and all I got was this stupid title
                          • Mar 2005
                          • 16385

                          #27
                          Originally posted by TurboJake
                          You would shit a brick if you saw how much I paid for my house.
                          Let's just say that a lot of E30 M3's go for more than I paid.
                          Yes but you live in foreclosure land on the intersection of no job for you street, and rampant unemployment Ave. Huston is FULL of big oil money and still has had a decent economy, rent and housing in decent neighborhoods are always going to be high around there.

                          Former Mid Westerner and Michigan Dweller for 27 years here. It was very bad in that state and UP there for a decade + before the bottom fell out in 08. Though we have considered moving back UP in your new neck of the woods.
                          Originally posted by Fusion
                          If a car is the epitome of freedom, than an electric car is house arrest with your wife titty fucking your next door neighbor.
                          The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money. -Alexis de Tocqueville


                          The Desire to Save Humanity is Always a False Front for the Urge to Rule it- H. L. Mencken

                          Necessity is the plea for every infringement of human freedom. It is the argument of tyrants.
                          William Pitt-

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                          • Todd Black 88
                            No R3VLimiter
                            • Oct 2007
                            • 3449

                            #28
                            Wow! My property taxes over the last four years was mor then that, and I payed 30x that for my shat hole.

                            I need to move!
                            Originally posted by codyep3
                            I hope to Christ you have looks going for you, because you sure as fuck don't have any intelligence.
                            2001 silver/Blk 325 cabby. SOLD
                            1988 Blk/Blk e30 factory wide body kit car SOLD
                            1992 DS/BLK 325 m-tech II apperance pack cabby SOLD!
                            2002 325xit Sil/blk. SOLD
                            2012 328i xdrive touring. Wht/blk. SOLD
                            2009 135 cabby. monacoblue/blk leather SOLD
                            2007 Z4m coupe. Silver grey/black/ aluminum. 1of50
                            2010 F650gs twin
                            2016 M235i cabby. Mineral grey/Red leather

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                            • Vtec?lol
                              No R3VLimiter
                              • Dec 2009
                              • 3278

                              #29
                              I ended up sticking to it as I didn't wan't my credit touched.
                              I've learned to stick around and scope things out before moving.

                              Comment

                              • Thizzelle
                                R3V Elite
                                • Oct 2008
                                • 4422

                                #30
                                don't move to cali, if you want a house for 20k. that will literally get you a shed with a bed and a can to shit in.
                                "I wanna see da boat movie"
                                "I got a tree on my house"

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