Credit Reports
Debt Collection
Credit

How long does a broken apartment lease stay on your credit?

424344

Top Answer
User Avatar
Wiki User
2006-02-11 21:24:23
2006-02-11 21:24:23

There would only be an entry on the CR if the landlord won a creditor judgment by means of a civil lawsuit against the renter. Evictions and defaulted lease/rental agreements are not placed on CR. There are several agencies which gather information about such issues however, and supply the information to landlords, rental agencies etc. when inquiries are made.

1
๐Ÿ™
0
๐Ÿคจ
0
๐Ÿ˜ฎ
0
๐Ÿ˜‚
0

Related Questions

User Avatar

Yes, you are an adult at 18. As long as you can afford the rent, have good credit history, and can sign the contract/lease.

User Avatar

If the lease restricts who can live in the apartment, as long as your son is listed as an occupant on the lease, he or she can continue to live in the apartment (unless the lease specifically states otherwise). If the lease does not have a restriction on occupants, your son can continue living in the apartment as well.

User Avatar

Yes as long as their income and deposit meet the landlord's requirements. Remember, every landlord is different so it depends.

User Avatar

I believe that credit report entiries are valid for up to 7 years, but it may depend on the circumstances and just how much default was involved.

User Avatar

As long as another apartment is being offered to you, you must move. If you do not have a singed lease, they can always make you move.

User Avatar

They have forever to collect. If they don't go through the courts, they send you to collections. If you ever want to rent again or possibly purchase a house in the future. You should pay them for the rest of your lease and damages. If you don't your credit will be ruined. Plus if future landlords know you skipped on your lease agreement they won't rent to you. If you don't tell them and they run your credit it will be on your report. It stays on there several years even after you paid it.

User Avatar

The rental company will require you and the person who is paying your rent to sign the lease. You both will be responsible for the apartment for the duration of the lease.

User Avatar

At the age of 18, your son can enter into any legally binding contract, including a lease for an apartment. As long as he meets the requirements of the managing company, which generally include an income requirement, credit and renter's history check. If he does not meet their requirements then, he will need a co-signer to get approved. An 18-year-old can sign the lease to rent an apartment because he or she is legally considered an adult. This is the case in most states. However, there are a few states where the minimum age to rent may be higher.

User Avatar

Fort Lauderdale has many apartments available but whether they are occupied or available varies. Your best option is to contact the landlord and see if an apartment is available, and how long their lease is (generally a lease runs a year at a time).

User Avatar

I cosigned for my daughter five years ago on and apartment. Mu daughter is self employed. Her boyfriend has now moved in and wants to take responsibility for the rent. Land lord will not take me off the lease. What can I do?

User Avatar

It does not take that long to get approved to lease an office space as long as you have a good steady income and your credit score is not terrible. You can go to your local broker's office and apply right there.

User Avatar

As long as you pay any early termination fees tied to your lease, and pay off your remaining payments, it will not affect your credit. However, like with any contract that involves money, if you 'run away' from the lease, it can be turned over to collection agencies, which could then harm your credit. Hope that helps!

User Avatar

Right now you can be legally asked to take a drug test before doing almost anything. I expect anyone who extends credit to people to do it before long.

User Avatar

There are many options to lease a vehicle if you have poor credit. You can always lease the car with a cosigner, if you can find one, and so you can lease the car even with poor credit. You can also get a long term rental from a car company such as Hertz. It will be more expensive, but is an option, if you don't want to buy a car.

User Avatar

form_title= Apartments for Rent form_header= Find the apartment that best fits you. What amenities are important to you?*= _ [50] Do you want a furnished apartment?*= () Yes () No Would you like a year long lease?*= () Yes () No

User Avatar

The length of the lease of any vehicle depends on your choice, and your credit score, as well as where you are leasing it from. Typically BMW seem to be leased out on 27 or 34 month periods.

User Avatar

A seventeen year old would not be allowed to rent an apt. even with a cosigner. If they did so by claiming to be of legal age, it would be considered a fraudulent act and the debt could be deemed valid. The possiblity of a bad credit report is not relevant.

User Avatar

It is legal to put a washer and dryer stacked in an apartment, as long as the manufacturer intended them to be stacked and he apartment's lease policies allow you to do so. In most apartments that are furnished, they use this method to conserve space. So legally yes, they can be but ultimately it is up to the specifications in the apartment's lease agreement.

User Avatar

no you might not be able to break the lease because i tried to do that once when i had problems with my apartment and if you do you have to pay the rent for the months you made the lease for its expensive trust me i had to pay a 4 month lease witch was $3200.00 !!!!!!!!! so im sorry to say this but if u want to pay $3200.00 go ahead i would recommend u to just stay there for as long as u did ur lease for? sorry about that

User Avatar

The terms lease or rent refer to paying for a piece of property (such as a house, apartment, or car) that someone else owns. The payments you make allow you to use that property for an allotted period of time. The term lease can also refer to the agreement made regarding how much will be payed for how long.

User Avatar

As long as you sign a lease you are protected as a tennant. There will be some differences in your resposibilites as a house renter versus apartments.

User Avatar

I would like to know how to evaluate the credit worthiness of a company. I am a commercial and investment real estate broker. Many companie are now wanting to sell a property and offering a long term lease in return. I need to be able to evaluate the company to ascertain if they can honor that long term lease commitment.


Copyright ยฉ 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.