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  1. #1
    Join Date
    Mar 2008
    Posts
    2

    Default Question About Breaking Lease In Indiana

    We are looking to buy a house. My landlord said that breaking the lease would cost 2,000 dollars. In the lease, the only thing it says about breaking a lease is this:

    "I/we agree that I/we signed a 12 month lease. It is understood that if the lease is not completed for the full term of 12 months, I/we will be charged $360 for the concessions indicated on the Charged Assessment Details, along with any other monies owed."

    I see nothing in the lease about 2,000 dollars. We are willing to pay the 360 but not 2,000. Do they have a right to collect that much if it's not in the contract? Any help would be appreciated.

  2. #2
    Join Date
    Feb 2008
    Posts
    578

    Default Re: Question About Breaking Lease In IN

    It's a 12 month lease.

    How much is the monthly payment toward that?
    How many months left on the lease?

  3. #3
    Join Date
    Mar 2008
    Posts
    2

    Default Re: Question About Breaking Lease In IN

    it's 519..... just signed it in february unfortunately.... we just sort of stumbled into the housing market and now we're getting serious

  4. #4
    Join Date
    Jan 2008
    Posts
    252

    Default Re: Question About Breaking Lease In IN

    You must have received some sort of "move in special" at the beginning of your lease....that is what is call a concession fee. So what your lease bacially states is that you need to pay back this concession fee along with the balance of your lease term...or until the landlord can re-rent the unit. Remember some states do not require the landlord to mitigate his damages...meaning that you may responsible for the entire 12 months of rent.

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