Rentana Knowledge Base

Breaking a lease can be a complex decision with lasting implications. A lease agreement represents a legal contract between a tenant and a landlord. Breaching it may lead to various consequences.

One of the significant outcomes of breaking a lease is the potential for financial repercussions, such as losing a security deposit or facing early termination fees.

Landlords may seek legal action to recover damages, which could lead to additional costs like legal fees. Further, if a landlord reports the breach to credit bureaus, it might negatively affect a tenant's credit score, impacting future rental or home loan opportunities.

There are instances where breaking a lease is justifiable, hinging on landlord-tenant laws and legal reasons such as substantial interference or safety issues. In these cases, tenants can potentially mitigate damages when presenting their case.