What Happens If I Need to Break My Lease Early?
Sometimes plans change unexpectedly. A job opportunity, family situation, home purchase, or other life event happens before your lease is over.
If that happens, contact Pros PM and submit a Notice to Vacate as soon as you know you'll need to leave. Moving out early doesn't automatically end your financial obligations under the lease, so it's important to understand the process before making plans.
What Does It Cost to Break a Lease?
This depends on the lease agreement you signed.
Pros PM currently manages leases that may contain different early move-out provisions. Because of that, you should not assume that another resident's experience, or even a previous Pros PM lease, will be the same as yours.
Depending on your lease, your obligations may include one of the following structures:
Some leases require a fee equal to one month's rent upfront. The resident may also remain financially responsible under the original lease until its scheduled end date or until the property is leased to a new resident, as provided by the lease.
Other leases may require an upfront payment based on the remaining lease term, including a provision requiring six months to be paid upfront without a prorated option.
Your signed lease determines which requirements apply to you.
Talk to Us Before Making Assumptions
Breaking a lease can have significant financial implications, so this is one situation where we especially encourage you to talk directly with our team.
We'll review your specific lease, explain the applicable requirements, and help you understand what happens next.
Please don't simply move out, turn in your keys, or stop paying rent, assuming that will terminate your lease. Moving out of the home and ending your obligations under a lease are not the same thing.
