Are you required to find your replacement tenant? It's a payment, not damages. This is called the reletting fee. State of Texas | Statewide Search | Report Fraud in Texas | Texas Statutes, Site Map | Library Policies | Accessibility | Employment Opportunities, 205 West 14th Street, Austin, Texas 78701-1614. 6 Things Landlords Need to Know About Early Termination Fees How do I write a letter to terminate my lease early? By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. The reasons to break a lease early will vary from state to state but typically include the following: If you need to break a lease without paying, you must first draft an early or termination letter or a lease termination letter. In an apartment lease, the landlord agrees to rent you an apartment unit and sometimes provides certain utilities in exchange for a monthly rent payment. In these cases, certain situations may allow you to break your lease early and legally. The reletting charge is not a cancellation fee and does not release you from your obligations under this Lease." You give 60 days notice. Early Lease Termination and Reletting Fee Question - Texas Here are 8 Tips. Score: 4. Renting a place comes with a few benefits and disadvantages, moving out whenever you want to is one of the biggest setbacks of renting a place. Youll be liable for a reletting charge of $XXX (not to exceed 85% of the highest monthly rent during the Lease term) if you: (A) fail to move in, or fail to give written move-out notice as required in Par. The owner must make reasonable efforts to re-rent the property, no matter what your reason for leaving. In many states, there are justifiable reasons for you to break a lease without paying penalties and fees. This can include marketing fees, advertising expenses and time. Its still your landlords property, so making sure he or she approves of the new tenant is extremely important. We hope you've found what you need and can avoid the time, costs, and stress associated with dealing with a lawyer. According to Section 91.001 of the Texas Property Code, a month-to-month lease may be ended by either the tenant or the landlord.
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