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How do you protect your credit score and rental history when you break a lease?

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Breaking a lease can have serious consequences for your credit score and rental history, which can affect your ability to rent or buy a home in the future. However, sometimes you may have no choice but to end your lease early due to unforeseen circumstances, such as a job loss, a health issue, or a family emergency. In this article, you will learn how to protect your credit score and rental history when you break a lease, by following these six steps:

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Shreyansh S.

Associate Partner at Shree Legal Associate || Head Editor & Founder at LAWLOVELEGAL || Experienced in Commission Sales…
Isabel Hernandez

CRWDWORLD RESELLER

1 Review your lease agreement

The first thing you should do is review your lease agreement carefully and look for any clauses that allow you to terminate your lease early without penalty, such as a hardship clause, a military clause, or a subletting clause. You should also check the state and local laws that govern your lease, as some jurisdictions may have specific rules or protections for tenants who need to break a lease for valid reasons.

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Shreyansh S.

Associate Partner at Shree Legal Associate || Head Editor & Founder at LAWLOVELEGAL || Experienced in Commission Sales || Passionate Blogger || LLB & LLM in Constitutional & Administrative Law ||
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The 5 key points for protecting your credit score and rental history when breaking a lease: 1. Review Lease Terms: Understand the terms and conditions in your lease agreement, including penalties and procedures for breaking the lease. 2. Communicate with Landlord: Provide adequate notice, explain reasons, and negotiate terms with your landlord to reach a mutually agreeable solution. 3. Document Everything: Keep a record of all communication and agreements in writing to avoid misunderstandings. 4. Explore Alternatives: Check if your lease allows subletting or assigning. 5. Follow Proper Procedures: Adhere to lease terms, return keys, and leave the property in good condition to positively influence your landlord's perception.

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2 Negotiate with your landlord

If your lease agreement does not have any favorable provisions for breaking your lease, or if you do not qualify for any legal exemptions, you should try to negotiate with your landlord and explain your situation. You may be able to reach a mutual agreement that minimizes the financial and legal impact of breaking your lease, such as paying a smaller fee, forfeiting your security deposit, or finding a replacement tenant. Be polite, honest, and respectful, and document any communication and agreement in writing.

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3 Find a new tenant or sublet

One of the best ways to protect your credit score and rental history when you break a lease is to find a new tenant or sublet your apartment to someone else. This way, you can avoid paying rent for a vacant unit, and your landlord can continue to receive income. However, you should always get your landlord's approval before you sublet or assign your lease, and make sure you screen and choose a reliable and responsible person who will pay the rent on time and follow the lease terms.

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Isabel Hernandez

CRWDWORLD RESELLER
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Map out a plan and realize in the end, you are still responsible if you sublet. If you find the right tenant and they fall into a situation where they can't pay the rent, your back in the same place. I believe finding a "replacement" tenant for the landlord is the best solution. Let the landlord screen and decide whether or not to approve the applicant. Always put your understand of your agreement in writing and both sides should sign off as agreed.

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4 Pay your rent until you move out

Even if you have negotiated with your landlord or found a new tenant, you should still pay your rent until you move out or until the new tenant moves in. This will help you avoid any late fees, collection actions, or negative reports to credit bureaus that could damage your credit score and rental history. You should also keep receipts and records of your payments, and request a final statement from your landlord that shows your account balance and any charges or deductions.

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5 Clean and repair the unit

Another way to protect your credit score and rental history when you break a lease is to clean and repair the unit before you move out. This will help you avoid any damage claims, repair costs, or cleaning fees that your landlord may charge you or deduct from your security deposit. You should also take photos and videos of the unit as proof of its condition, and do a walk-through inspection with your landlord or a witness. You should also return the keys and any other items that belong to the landlord.

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6 Monitor your credit report and rental history

Finally, you should monitor your credit report and rental history after you break a lease, and dispute any errors or inaccuracies that may appear. You can get a free copy of your credit report from each of the three major credit bureaus (Equifax, Experian, and TransUnion) once a year, and you can use online services or apps to check your rental history. If you see any negative information or incorrect charges related to your lease, you should contact your landlord or the reporting agency and request a correction or removal.

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7 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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How do you protect your credit score and rental history when you break a lease?

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1 Review your lease agreement

2 Negotiate with your landlord

3 Find a new tenant or sublet

4 Pay your rent until you move out

5 Clean and repair the unit

6 Monitor your credit report and rental history

7 Here’s what else to consider

Lease Negotiations

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