What is common penalty in Bay area to terminating lease early? My annual rent contract expires in June, but I found a great place, and I'm wondering if I would be on the hook for all five months of rent.
https://flip.lease/ You are welcome
Some apartments don't allow sublets :(
This topic has been discussed here previously. Read the contract, details should be there. Common practice is that you have to give 1 month notice and then pay either: 1 month of rent of penalty or pay for the time the manager takes to rent the place back. You should never try to fight with landlord, try to find a good agreement so that they give you something like above. Other landlords (if stated in contract) may try to force you to stay for the duration of contract, that is why you need to be nice and find middle ground for both. If they want to do that, you may sublease the place that is why you really want to have them in your side.
Some landlords are okay with it if you find a replacement. Ask the Apartment manager.
You're on the hook for the remainder of the lease until your landlord finds a new tenant. The landlord must actively try to find a new tenant, but it's hard to prove if they just sit on their hands. Better to just approach and offer to break for a set fee (1 month) or read your lease to see if you can sublease it.
Tech Industry
Yesterday
3031
ByteDance is officially fucked
Tech Industry
1h
913
Avoid teams with only Chinese or Indians especially with a Chinese/Indian manager
2024 Presidential Election
2d
720
Who will be the next president
Ask Blinders
Yesterday
910
Tipping culture is really getting out of control! Waiter gave me ‘a look’ because I tipped her 10% for ‘BAD service!’
AMA
Yesterday
1585
I’m a professional coaster AMA
Read your lease! What’d you agree to?