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Posted by me again on January 25, 2002 at 15:45:22:

In Reply to: what do you lose when you break a lease? posted by melissa on January 25, 2002 at 15:33:28:

: Let's say you give notice to break your lease and the landlord finds someone to take your place, do you still lose your security deposit? Please advise.

first, it depends on what your lease says. if you have agreed to a 'lease break' fee, you WILL have to pay it, but otherwise, your costs are limited to the actual costs to the landlord. these costs can include: brokers fees, advertising fees, lost rent, etc. in addition, he'll probably also subtract any damages above and beyond 'normal wear and tear' (another grey area).

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: : Let's say you give notice to break your lease and the landlord finds someone to take your place, do you still lose your security deposit? Please advise.

: first, it depends on what your lease says. if you have agreed to a 'lease break' fee, you WILL have to pay it, but otherwise, your costs are limited to the actual costs to the landlord. these costs can include: brokers fees, advertising fees, lost rent, etc. in addition, he'll probably also subtract any damages above and beyond 'normal wear and tear' (another grey area).  


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