I have a broken lease!
The vast majority of Austin apartments will not work with you if you owe another rental property money or break a rental lease. Fortunately there are exceptions. The properties that will work with you have different qualifying criteria. Almost without exception the property will want to know you have re-established your rental history. A few of them will want extra deposits and it's usually dependent on how much you owe the property where you broke your lease
I have a broken lease out of state!
Once a broken lease is reported to the credit bureau it will probably show up no matter where you are. If you owe a property money most of them will not work with you. In effect a broken lease out of state is the same as a broken lease with an apartment in Austin. Your options will remain the same...make payment arrangements or go to a property that will work with you. Call us, we can find a nice Austin apartment that will work with you.
I don't have a broken lease, but I owe a property money!
That can mean as little as you owe a cleaning fee are something along those lines. Again... apartments in Austin Texas will not work with you. But usually the amounts owed aren't that much and you can make arrangements to get them paid off. (see payment arrangements)
I have a broken lease. but my credit is good!
Many apartments in Austin use a point system like Saferent or Credit Retriever. If you score in the except range and your background checks out some of them will work with you. But most apartments in Austin will automatically deny you if you owe another property money.
I have more than one broken lease!
Difficult... but not quite impossible. They will hit you with an extra deposit and might require a co-signer. (see co-signers) The extra deposit can be as much as a months rent. Sometimes first and last months. Very few Austin apartments will do this, so tell us in advance, so we/ll know where to take you.
I have a broken lease and rough credit!
There are quite a number of apartments in Austin that will work with you but living with another person may not count as rental history in many rental properties. We need to know in advance where you've been living so we can advise you. Just because you aren't currently on a lease doesn't mean you don't have verifiable rental history.
I don't have a broken lease, but my roommate or spouse does!
Most rental properties in Austin will not put your roommate on as an occupant. Everyone over 18 occupying the apartment must be on the lease and qualify to live there. You could easily be denied. If this is your particular problem let us know.
I have an eviction!
This is a bigger problem than a broken lease. Even apartments in Austin that will work with a broken lease may not touch an eviction. This does not mean we can't find you a place to live, but you will be paying extra deposits particularly if the rest of your credit is rough.
I'm in a lease right now and I want to break it!
Wait. Are you sure that's what you want to do? Breaking a lease with an apartment in is a major cause of denials and limits the number of rental properties we can show you. It will stay on your credit forever are until you take care of it, and of course, you will be denied at most places you go to.
What are payment arrangements?
Before your broken lease goes to collections you have a window of opportunity to make arrangements to pay your lease off in payments. The manager should give you a letter saying that your making arrangements and many Austin apartments will work with you. There are many, many properties in Austin that insist it be paid in full before they will work with you.
I've made payment arrangements. Why was I denied?
Most rental properties in Austin want your broken lease paid in full before they will accept you. Luckily there are some Austin properties that will work with payment arrangements. What this means is you go back to the property you broke your lease at and tell them you want to pay off your broken lease. The arrangements can be as little as $50 a month, and maybe more. Whatever you agree on with the property manager. Make your first payment and get a letter stating that you've made arrangements to pay off your broken lease. It is important that you continue making payments or the property will put it right back on your credit.
I co-signed for a friend and they skipped on the rent!
That means you have a broken lease You can dispute it on your credit or hunt down your friend and have them make payment arrangements. But you are responsible from the apartment's viewpoint.
How to legally break a lease.
If your in the military and being transferred or re-deployed ...no problem!. Otherwise, you will have to pay a re-letting fee. Usually 85% of a months rent. Sometimes you will have to pay back concessions as well. (say you got $250.00 off your first months rent) plus any vacancies they incur. Most apartments in the Austin area will hold you responsible for the rent until it is leases again. That's the scary part .Be sure and clarify that with the manager.Talk with your apartment manager and be crystal clear that you understand their policies regarding re-let fees.
I'm getting mail from a collection agency concerning my broken lease!
This means it has been reported to the credit bureau and is now on your credit report. You will have to make payment arrangements or find a rental property that will work with you. When you find yourself here you almost have to work with a Austin apartment locator.
I broke a lease but I had a very good reason!
For all practical purposes a TAA property lease is ironclad. If you absolutely have to break a lease agreement, talk to your manager or landlord first, explain your situation and try and make payment arrangements with them. Most of them understand and will work with you. Some of them will bend over backwards. Property managers can be sympathetic but remember they have heard it all. There are procedures they must follow That's why most of them cannot take partial payments In practical terms most people break a lease because they lose their job are or getting a divorce. Sometimes a family member gets sick. Sometimes its an abusive situation. Sad as it may be... none of these things will matter if you do not fulfill the terms of your lease agreement
Somebody broke into my car and I left!
Nobody wants to live in fear, but a TAA residential lease agreement is ironclad. That means you will end up with a broken lease. I have seen apartment managers in Austin let people out, but usually its just one of those unfortunate things, from the apartments point of view. (see tenants rights). Definitely tell the manager and call the police. Whatever happens will be at the manager's discretion. Be thorough and have documentation when you talk to him/her.
They said I didn't give a 30 or 60 day notice!
Apartments in Austin are very strict about this. You must give proper notice and they must know you have given proper notice. Write it, date it, leave a forwarding address and make an extra copy for your records. DONT JUST DROP IT IN THE NIGHTBOX. In spite of the fact you have fulfilled the time on your lease you could still end up with a broken lease because you didn't give proper notice. Worse still...you could be denied at the next property your looking at. Most properties want you to give notice no later then the 3rd. A 60 day notice has become the norm. Be sure you know exactly what the policy is
Many people owe a landlord money. Properties all stick together on this and in fact its become a little mini-business in its own right. There are two types of properties that will work with you. One requires you to have had verifiable rental history since you broke your lease. The others require deposits usually a months rent. Most recently they typically will not let you owe more than $1500 to the community you broke the lease at. Many people dont have a broken lease but owe some sort of cleaning fee. You will have to take care of this before they will lease to you. Oweing a property money is the number one reason for denials.