What Happens When an Apartment Lease Is Broken?
Overview When you rent an apartment, in most cases, you enter into an agreement with the property’s landlord, known as an apartment lease. Breaking the lease refers to ending the arrangement before its term expires. You can break the lease. The number of problems you run into, if any, depends on the type of lease you signed, its terms and how and when you decide to get out. Types Before you sign an apartment lease, you should be clear of its term and structure. In California, according to the Department of Consumer Affairs (DCA), you enter into one of two types of agreements–a “periodic rental agreement” or a lease. A periodic agreement generally operates on a week-to-week or month-to-month basis. It notes the length of time between rent payments and renews itself for that duration with each rent payment you make. Under a lease agreement, you typically pay your rent monthly, but are obligated to make payments for the duration of the lease, usually one year, but you and your landlord c