What Are The Consequences Of Breaking A Lease Early?

The consequences of breaking a lease early can leave you responsible for rent until a new tenant is found or the term ends, and may lead to financial penalties or legal action.

Key Consequences

• Rent obligation: You may owe rent until the unit is re-rented or your lease expires.
• Financial penalties: These can include forfeiting your deposit, paying additional rent, or covering the landlord’s expenses, such as advertising or cleaning.
• Legal action: If unresolved, the landlord can file a claim with the Landlord and Tenant Board (LTB) to recover losses.
• Rental history impact: Breaking a lease can negatively impact future rental applications if it appears in references.

How to Minimize Risk

• Communicate early: Discuss your situation with your landlord. Some may agree to early termination if a replacement tenant is found.
• Document agreements: Get all terms in writing to avoid disputes.
• Explore alternatives: Subletting or assigning the lease may be possible options.

The Fox Marin Team helps tenants understand the consequences of early lease breaks and explores solutions that protect their financial and rental future.

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