Pitfalls of breaking lease

[Guest Flowers]

Looking for advice:

I'm renting a fully-furnished place in Moana. It's a 6-month lease - I've done 2.

With no references & no furniture it was a good option, and it's lovely, but the rent is $325/week which leaves me s-t-r-e-t-c-h-e-d!

 

Now there's some unfurnished properties listed closer to $200 -the extra $100 a week may help offset fees and moving costs, and I wouldn't have to gamble on what's available when my lease ends in October.

 

I know I'd have to pay rent & advertising fees if I break the lease. I was wondering if anyone had experience:

 

1. trying to get a reference from the agents you're planning to break lease from and

2. any other good ideas??

 

 

Thanks in advance!

[csobrien1966]

You could get someone to take over the rest of your lease

 

this would still need to be cleared by the agent/landlord.

 

If they are ok about it, someone on here might take it on.

[Damms]

We broke a lease recently to move into our current home. you are liable for the rental and part of the re-advertising costs until it is re rented but rentals are in such demand that it was rented out the day after we moved out this link will help you find out the costs involved. http://www.ocba.sa.gov.au/assets/files/e_bulletin_2.pdf

 

Hope it helps

Kim

[Guest kas17]

We are looking for a furnished rental at the beginning of September, would maybe be interested in taking over the lease

 

Karen

[Guest Flowers]

I've put in an offer on a house to buy.

So, if it all goes ahead, settlement date wound be roughly 6 weeks - and then a similar period of lease left(til end October).

I know if someone were to take over the lease they'd have to be approved by Real Estate agent (McMahon). And I'll be liable for advertising & lost revenue. Thanks, that was a great link.

 

I'm giving Landlord notice as soon as I have contract in my hand, so if you know anyone interested please feel free to post / PM.

 

Phew. Exciting!

[Guest Rover]

Hi,

 

We might be interested in taking over your place in Moana.

 

I'll send a PM with my email address for any additional details that you can let us have

 

Cheers

Rover