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Old 09-04-2015, 03:52 PM
 
1 posts, read 663 times
Reputation: 10

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Hi,

I'm moving out of Putnam County and up to Dutchess County, getting my own apartment for the first time. I don't plan on staying in that apartment for long - maybe just a few months, but we'll see how it goes. My question is, if I sign a one year lease, am I legally obliged to forfeit the security deposit and/or forfeit the remaining lease balance if I leave after 3-4 months?

What if the lease does not explicitly state the above terms, would I still be legally obligated to forfeit my one month deposit and the remaining monthly payments?

Any help would be appreciated, thanks!

Edit: forgot to mention - I'm in NY state.

Last edited by Daman431; 09-04-2015 at 04:12 PM..
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Old 09-04-2015, 04:10 PM
 
Location: Riverside Ca
22,146 posts, read 33,537,436 times
Reputation: 35437
Depends on the state laws and what the lease terms you signed are for early termination. If the lease has no stated early termination visual the state law in early lease termination are what is used to determine penalties and assign fault
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Old 09-04-2015, 04:25 PM
 
7,672 posts, read 12,822,090 times
Reputation: 8030
Instead of signing a year's lease, try to find a month to month or rent a room month to month till you decide if you are staying or not.

Otherwise, be prepared to pay penalties/fees etc. And read carefully any lease you sign as to what they are.
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Old 09-04-2015, 05:04 PM
 
16,376 posts, read 22,486,570 times
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If you can't find a month-to-month lease as noted above, you should make sure the lease specifies terms/payment for Early Lease Termination. Often the renter pays a fee equal to 2 months rent and is allowed to move early with no future rent owed if they follow the rules for Early Lease Termination as specified in the lease.

Google this for more info: Early Lease Termination Fee
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Old 09-05-2015, 11:05 AM
 
Location: North Idaho
32,650 posts, read 48,040,180 times
Reputation: 78427
So you intend to sign a legal contract knowing that your plan is to ignore the contract? You deserve to lose your deposit, plus pay whatever the lease break fee is, or maybe owe rent for the rest of the lease term.

I suggest that instead of lying right to the landlord's face, you find a month to month rental or a short term rental. Monthly rent will be higher but it will still be cheaper than buying your way out of a lease.
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