Breaking Tenancy cos Relocation

Posted by mummybee1 (362 days ago)

We are re-locating overseas in November. I rent my apt Feb07 and my contract is 1+1. Thus, my tenancy only ends Mar08. What is the procedure and penalty charges if I were to leave early in Nov07? What is the best way to let my landlord know so that there is no confrontation, no having-to-leave-secretly-in-middle-of-night, and paying the least charges???? What are the laws?

Thanks!!!

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Posted by Havefaith (362 days ago)

If you have signed a fixed lease for one year + an optional one year, legally you are obliged to pay rent til Mar 08. Given that rents have been going up, I would suggest you let your landlord know as soon as possible and see if he/she will let you off the hook early (when you leave in Nov 07). He could still hold you to paying rent til Mar 08 - but if he is reasonable then unlikely.

Posted by Ed (362 days ago)

If you need a replacement tenant:

http://hongkong.asiaxpat.com/property/default.asp?type=4

Posted by flute (355 days ago)

Hey there, we might be able to pick up a break lease as we need to renovate our place. Can you let me know the location and price of your current contract?
Thanks!

Posted by jochan22 (350 days ago)

What are the details of your place: What area, square footage, rent? I'm looking to rent a place for 6 months. Let me know :)

Posted by mummybee1 (350 days ago)

Our landlord is not receptive to contracts shorter than 1 year (he prefers 1+1), so I don't think our apt would be suitable to you both.

Posted by forest (200 days ago)

I'm facing the same problems! If we break our lease earlier they are still asking for 2 weeks rent. Even though they will get way more from a new tenant.

Posted by Adfundum (198 days ago)

if they find a new tenant.

Posted by forest (194 days ago)

Whats the cost to advertise for break lease its in Repulse Bay 2,400 sq ft brilliant apartment