Reply
New Member
Posts: 11
Registered: ‎01-21-2013
0

Re: Breaking a lease - into collection???

I have checked my lease.  This particular community's leases are very involved and binding.  The three reasons *allowed* are 1) death in family, 2) moving at least 50 miles away for a job change, and 3) being reassigned if in the active military. 

Valued Contributor
Posts: 1,540
Registered: ‎08-30-2012
0

Re: Breaking a lease - into collection???


ahiuan wrote:

I have checked my lease.  This particular community's leases are very involved and binding.  The three reasons *allowed* are 1) death in family, 2) moving at least 50 miles away for a job change, and 3) being reassigned if in the active military. 


That doesn't sound like it's community specific. It sounds like standard SoG landlord/tenant verbage.


Starting Score: EQ 511 TU 552 EX 545 8/29/2012
Current Score: TU 712|EQ 695|EXP 723 (FICO)
Total credit $185,250; Util 14%
Goal Score: 700 across the board.
Take the FICO Fitness Challenge
My Journey
New Member
Posts: 11
Registered: ‎01-21-2013
0

Re: Breaking a lease - into collection???

Yessir, I do believe those are fairly basic lease terms.

Valued Contributor
Posts: 1,540
Registered: ‎08-30-2012
0

Re: Breaking a lease - into collection???

This may help or it may not.

 

http://www.dca.state.ga.us/housing/housingdevelopment/programs/downloads/Georgia_Landlord_Tenant_Han...


Starting Score: EQ 511 TU 552 EX 545 8/29/2012
Current Score: TU 712|EQ 695|EXP 723 (FICO)
Total credit $185,250; Util 14%
Goal Score: 700 across the board.
Take the FICO Fitness Challenge
My Journey
Established Contributor
Posts: 510
Registered: ‎09-25-2009
0

Re: Breaking a lease - into collection???

Reasonable time is generally 7-14 business days. In Texas its 7 business days.  You can even get a health inspector in your city to evaluate the problem at little to no costs as documentation.


Starting Score: 565
Current Experian Score: 634 (Lender pull)
Current Equifax Score: previous 668, 680 as of 11/12/13 lender pull
Current Transunion Score: previous 675,677 as of 09/23/13
Goal Score: 750

Take the FICO Fitness Challenge



Established Contributor
Posts: 510
Registered: ‎09-25-2009
0

Re: Breaking a lease - into collection???

when you notified them of damages it has to be of certified letter where the recipient has to sign the receipt stating that someone in their office received the notification.  Thats when it starts the process.


Starting Score: 565
Current Experian Score: 634 (Lender pull)
Current Equifax Score: previous 668, 680 as of 11/12/13 lender pull
Current Transunion Score: previous 675,677 as of 09/23/13
Goal Score: 750

Take the FICO Fitness Challenge



Established Contributor
Posts: 510
Registered: ‎09-25-2009
0

Re: Breaking a lease - into collection???


madmann26 wrote:

ahiuan wrote:

Hi madmann26 and, yes, that's the very first thing I did.  Quite pleasantly and reasonably, too.  The office worker was not interested in my explanations nor my reasons, she cited the three reasons allowed, and told me I'm responsible for the remainder of the balance until the office can re-lease it.


Check your lease paperwork. Every lease that I have signed has included a clause that states that if I meet certain requirements (ie, timely notification of vacating, usually 30-day written notice) I can move out, though, I would forfeit my deposit or security monies.

 

 


The lease is suppose to follow landlord/Tenant Act per state regardless.  No exceptions.  This is an issue of what is habitable and inhabitable conditions.


Starting Score: 565
Current Experian Score: 634 (Lender pull)
Current Equifax Score: previous 668, 680 as of 11/12/13 lender pull
Current Transunion Score: previous 675,677 as of 09/23/13
Goal Score: 750

Take the FICO Fitness Challenge



Established Contributor
Posts: 510
Registered: ‎09-25-2009
0

Re: Breaking a lease - into collection???


madmann26 wrote:

ahiuan wrote:

I have checked my lease.  This particular community's leases are very involved and binding.  The three reasons *allowed* are 1) death in family, 2) moving at least 50 miles away for a job change, and 3) being reassigned if in the active military. 


That doesn't sound like it's community specific. It sounds like standard SoG landlord/tenant verbage.


+1


Starting Score: 565
Current Experian Score: 634 (Lender pull)
Current Equifax Score: previous 668, 680 as of 11/12/13 lender pull
Current Transunion Score: previous 675,677 as of 09/23/13
Goal Score: 750

Take the FICO Fitness Challenge



Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.