PDA

View Full Version : $2400 to break a lease... and my bank account...HELP! Arizona


dukecity
11-15-2008, 06:15 PM
Ok, heres the situation made short, my company is outsourcing my job and so they transfered me to another site in a different state, with no relocation assistance. I went to my apartment office to let them know and give the the 60 day notice they request, i was then told i was going to have a $2400 fee to break my lease. the break down of these charges was the concession fee of $775 and a administrative charge of $1550.

the lease reads as follows:

Administrative Charges: Resident agrees to pay $1550 to defray Management's administrative and marketing costs if Resident does either of the following: (1) fails to fulfill the agreed upon term of the Apartment Rental Agreement or, (2) fails to deliver a written "VACATE NOTICE" to Management at least 60 days prior to move out.

For the first N/A month's of this agreement. Management agrees to reduce the basic monthly rent by $N/A per month with the understanding that in the event the Resident does not fully perform under the terms and conditions of this lease, Resident agrees to return to Management any rent incentives herein accepted by Resident or reimburse Management for the full market value of said incentives. Also, a one time concession of $775.00 for the months of November, 2008. Also, a one time concession of $N/A for the months of N/A. Also, a one time concession of $N/A for the months of N/A.

Is there anyway or any loop holes that i can either escape these charges or reduce them greatly?

Any help or insight that other members of this forum can give me would be greatly be appreciated. Thank you in advance for all answers provided.

panther10758
11-15-2008, 07:39 PM
You can take your lease to an Attorney but I suspect its binding

Troubleshooter
11-25-2008, 06:47 PM
This is probably a real cost the landlord ends up paying when a tenant leaves early. It is not their fault that you have to move, so why should they have to incur losses because you have to move?

Since this is your employer's fault, see if the employer will cover it as an expense of moving.

Complete Labor Law Poster for $24.95
from www.LaborLawCenter.com, includes
State, Federal, & OSHA posting requirements