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If you don't pay your apartment lease on time, you may face late fees, eviction proceedings, and damage to your credit score. It is important to communicate with your landlord if you are having trouble making payments to avoid these consequences.

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AnswerBot

5mo ago

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Related Questions

When was the fist time you filled a lease form?

The first time I filled a lease form was several years ago when I was 20. I was using the lease to rent my first apartment


How much time do you have to vacate an apartment in Chicago once your lease is up if your landlord won't let you renew the lease?

The last day of the lease.


Can the landlord charge the tenant a fee for breaking the lease if the apartment is rented again in few days?

This depends upon whether that fee is quoted on your lease when you signed it. It is not there, then landlord cannot charge you because he rented the apartment quickly after you left. However he may be able to keep your security deposit if you broke your lease. If there was a lease, the terms are generally such that you are responsible for the rent for any month that the apartment is vacant from the time you vacate the apartment to the time the lease ends OR the apartment is rented out, whichever comes first. Since the landlord did not suffer any damage by breaking the lease - he rented out the unit just a few days that you left - there shouldn't really be any reason for him to charge a fee. But if that is stated on your lease then he has the right to do so.


Where can I get advice on apartment lease?

The best place to find information about apartment leasing is at www.chiff.com/home_life/apt.htm. This website provides tips for first time leasers.


How long does an apartment complex have to notify you of damages after your lease ends in NC. I was just notified for the first time of charges from 9 months ago?

Check the terms of the lease.


What happens when you break an apartment lease early?

You will be liable for the rent until the end of the lease, except if the landlord rents the apt. before that time. Some states may have their own laws on this, but in the state of IN. that is how it is suppose to work. The landlord is also suppose to make an effort to rent that particular apt. Jeanne


If you still have time in your lease can you get out of your apartment?

You can get out of a lease but there is always a penalty. Usually you have to pay aat least a months rent plus an additional charge. Some properties can charge you for the rest of the lease. That means if you have six months left on your lease then you owe six months rent!


How much would an eviction cost if you're trying to break your lease?

This is a good question. Breaking a lease generally means that you are moving out of the apartment before the lease ends. If you paid any rent in advance, such as the last month's rent, you may forfeit that and your security deposit. The specifics depend upon the terms of your lease and what you agreed upon at the time you signed it. Technically the landlord could sue you for loss of revenue during the time your apartment is vacant up to the time your lease would have expired (this rarely happens). But since you moved out of your apartment voluntarily there is no eviction. An eviction is a court proceeding in which your landlord is asking the judge to force you to move out of your home. This is generally for nonpayment of the rent or for serious or repeated violations of the lease terms.


Terms and Negotiations of an Apartment Lease?

Signing an apartment lease is an exciting time for the first time renter. Many people, especially those moving out on their own for the first time, jump into a lease agreement without fully understanding what it is they are agreeing to when they sign their names. Understanding the components of a lease agreement is the first step to being a responsible renter.Terms of the LeaseThe terms of the lease agreement include the monthly rental amount and the time line for when each payment is due. When you receive a copy of the lease agreement it is very important to understand the grace period if one is provided in the terms of the apartment lease. Many apartment complexes are very strict about these defined due dates. At best a late payment will result in a late fee, but at worse it can mean an eviction.The details of your security deposit should also be included on the apartment lease. If there are not very detailed explanations of how the security deposit is returned ask for an attachment that outlines the landlord’s policies. In many courts of law this area is hard to enforce, as a vague explanation on the original lease agreement may provide the landlord the opportunity to refuse the return of any portion of the security deposit if any damage is done, regardless of how insignificant it the damage may be.The process for terminating the apartment lease ahead of schedule should also be written in the lease agreement. While your intentions may be to stay in the apartment for the entire term of the lease, emergencies can happen that require you to move. Be sure you understand the penalties that may occur should this be the case.Negotiating the LeaseMany people do not realize that all of the terms of the lease agreement are negotiable. If you are settling for less of an apartment than you hoped for, bring this up before you sign to see if you can negotiate a lower fee. Likewise, if any of the terms of the lease are unsettling to you, discuss possible adjustments before you sign or walk away.


What is an administration fee on an apartment rental lease?

It's not really the rental lease on which there is an administration fee, it's the application for the lease, which is collected at the time of the application. This covers the cost of processing the application, most notably, including conducting background checks.


Can you get an apartment at 18 without a co-signer?

Each apartment complex has its own rules. Generally, if it is your first apartment, you will need a co-signer for the period of the first lease. After that, you should be able to do it on your own, provided that you have always paid the rent on time.


Are there apartments in fort lauderdale for rent on a long term lease?

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).