For what reasons can a rental company demand lease break fee?

jok · Jun 30th, 2011, 02:05 PM

Location is BC, Canada. We signed a 1-year contract that ends July 31st. The rental company is asking for the fee for breaking lease (1/2 month's rent) as well as July's rent. I understand that we are liable for the month of July if new tenant doesn't sign for it.

However, this means we would be paying 1 full year's worth of rent (as stipulated in the contract) AND have to pay for breaking the lease too! Is the law on their side for demanding a fee for breaking the lease?

forum_admin · Jul 1st, 2011, 12:42 AM

See also this thread:

Legal grounding for a rental company to demand lease break fee

Jul 23rd, 2011, 11:29 PM

I don't understand this question.... If this guys wife picked up the lease would it be cheaper? What I'm asking is, in Canada, if someone has a lease for 2 yrs, and they cut out half way through, do they have to pay for the extra 1? And then on top of that pay OTHER fees? Why not rent from themselves? Or have people they know rent from them and foot the bill? My G-D, I have a real problem, why am I asking about Canadians???

Jul 23rd, 2011, 11:35 PM

No-I get it, he just shoulda not said nufin

Jun 30th, 2011, 02:05 PM	#1
jok Junior Member Country: Join Date: Jun 2011 Posts: 3	For what reasons can a rental company demand lease break fee? Location is BC, Canada. We signed a 1-year contract that ends July 31st. The rental company is asking for the fee for breaking lease (1/2 month's rent) as well as July's rent. I understand that we are liable for the month of July if new tenant doesn't sign for it. However, this means we would be paying 1 full year's worth of rent (as stipulated in the contract) AND have to pay for breaking the lease too! Is the law on their side for demanding a fee for breaking the lease?

Jul 1st, 2011, 12:42 AM	#2
forum_admin Forum Administrator Join Date: Jun 2007 Posts: 2,783	Re: For what reasons can a rental company demand lease break fee? See also this thread: Legal grounding for a rental company to demand lease break fee __________________ Consult Your Own Personal Lawyer Now! Click Here Find Legal Forms for All 50 States
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Jul 23rd, 2011, 11:29 PM	#3
Unregistered Guest Posts: n/a	Re: For what reasons can a rental company demand lease break fee? I don't understand this question.... If this guys wife picked up the lease would it be cheaper? What I'm asking is, in Canada, if someone has a lease for 2 yrs, and they cut out half way through, do they have to pay for the extra 1? And then on top of that pay OTHER fees? Why not rent from themselves? Or have people they know rent from them and foot the bill? My G-D, I have a real problem, why am I asking about Canadians???
	Did you find this post helpful? Yes \| No

Jul 23rd, 2011, 11:35 PM	#4
Jaz Guest Posts: n/a	Re: For what reasons can a rental company demand lease break fee? No-I get it, he just shoulda not said nufin
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