Just wondering what your experiences are in terms of leaving a rental earlier than the lease end.
So I’ve been living in a place for about 1.5 years. We signed on for another year lease in Feb (should’ve asked for month to month I know…)
Recently, we found out there may be an opportunity for me which would require me to move overseas. It begins in December.
I would like to avoid having to pay the rent from December to Feb if possible so. Just wondering can anyone give me any advice on the best course of action to take?
I can give my landlord 5 months notice (which is now till December). I have noticed though that the homes in my area have dropped in rental yield a little bit and the market is probably a little down so I think they’ll struggle to get the same rate as we’re paying.
I have a good relationship with my landlord – they’ve always fixed things quickly and been reasonable. Even so, I’m sure they’ll try to get the same rate because it’ll be us that’ll be stuck paying it if they don’t find anyone.
So the question is what alternatives do I have?
It says on here that we have to pay re-letting costs of up to one week and that we have to pay the 2 months remaining. However, the landlord must make a reasonable attempt to find a new tenant.
What does reasonable attempt mean? If they have 5 months to find someone and they don’t find anyone, can that be a reasonable attempt? Are there any alternative arrangements? If they find someone willing to pay a lower rate, can I offer to pay the difference until the lease ends? Can anyone share any experiences they have had with ending a lease early?