Breaking lease.. need advice

Good morning. I have a question for the lawyers and/or landlords out there..

I live in Arkansas. so i know i don’t really have rights when it comes to renting..

My fiance and i have been renting a townhouse from a big rental agency for almost 3 years now.

We are good tennants, always pay on time, never had any issues. Always clean when they do inspections, etc..

However, due to unforeseen circumstances, we need to move. We had room mates (her sister and brother in law) but he got a promotion and moved across the state. And left us to fend for ourselves. Plus rent keeps going up every year, and so does the cost of everything else.

I moved my cousin in, and he was supposed to move out late july when he gets married, over half way through the lease. So i didn’t put him on it, so he wouldn’t have to pay to break the lease.

He quit his job and decided he was moving in late may. So my fiance and i found a cheaper place, closer to family and work. We love it.

Now here’s where we messed up. Our early lease agreements for the first 2 years stated that we had to give a 30 day notice, and breaking lease was 300 dollars per person. What we didn’t know is that in the new lease agreement we signed in January (just the back page for signatures was dropped off at our door) they had changed it to a 60 day notice, and the cost of breaking lease is 1 months rent.

My cousins cat, and ex room mates cats tore up the carpet in several places because cats do weird stuff. And apparently now, our deposit is forfeit if we break the lease.

So we are going to have to pay for 3 months worth of rent, plus damages, which i’m sure will be ridiculously high.

all while paying rent at the new place. I know we should have spoke to our current landlord before signing a new lease. But we were under the impression that we had to give 30 days notice if we broke the lease.

I understand that it’s my fault i’m in this situation. But what is my best course of action? I plan on paying june and july like normal rent payments. But the termination fee of 1160 plus whatever damages are.. can they MAKE me pay that all at once? I asked if we can pay that part in installments so we can afford to live where we are moving to.

Any help or guidance would be much appreciated.. i’m kind of freaking out here.

Thanks in advance.

submitted by /u/BlacksmithAndre
[link] [comments]

Good morning. I have a question for the lawyers and/or landlords out there.. I live in Arkansas. so i know i don’t really have rights when it comes to renting.. My fiance and i have been renting a townhouse from a big rental agency for almost 3 years now. We are good tennants, always pay on time, never had any issues. Always clean when they do inspections, etc.. However, due to unforeseen circumstances, we need to move. We had room mates (her sister and brother in law) but he got a promotion and moved across the state. And left us to fend for ourselves. Plus rent keeps going up every year, and so does the cost of everything else. I moved my cousin in, and he was supposed to move out late july when he gets married, over half way through the lease. So i didn’t put him on it, so he wouldn’t have to pay to break the lease. He quit his job and decided he was moving in late may. So my fiance and i found a cheaper place, closer to family and work. We love it. Now here’s where we messed up. Our early lease agreements for the first 2 years stated that we had to give a 30 day notice, and breaking lease was 300 dollars per person. What we didn’t know is that in the new lease agreement we signed in January (just the back page for signatures was dropped off at our door) they had changed it to a 60 day notice, and the cost of breaking lease is 1 months rent. My cousins cat, and ex room mates cats tore up the carpet in several places because cats do weird stuff. And apparently now, our deposit is forfeit if we break the lease. So we are going to have to pay for 3 months worth of rent, plus damages, which i’m sure will be ridiculously high. all while paying rent at the new place. I know we should have spoke to our current landlord before signing a new lease. But we were under the impression that we had to give 30 days notice if we broke the lease. I understand that it’s my fault i’m in this situation. But what is my best course of action? I plan on paying june and july like normal rent payments. But the termination fee of 1160 plus whatever damages are.. can they MAKE me pay that all at once? I asked if we can pay that part in installments so we can afford to live where we are moving to. Any help or guidance would be much appreciated.. i’m kind of freaking out here. Thanks in advance. submitted by /u/BlacksmithAndre [link] [comments]

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