Job Relocation and Your Lease

If you are stuck in a lease and dealing with a job relocation, there are several options to consider. Three of the most common strategies for breaking a lease due to a job relocation include: talking with your landlord, paying the fee, and asking your employer to cover the expense.

Talk to your Landlord

If you have a good relationship with your landlord, they may allow you to break your lease without a fee. You will usually be required to provide evidence that you are relocating for a new job.

Break your Lease and Pay the Price

Review your lease contract to determine what the early termination fee is for breaking your lease. Although it is not the ideal situation, you could pay this fee, and move on.

Employer Paid Benefits

Many people overlook the fact that their employer may be willing to pay any fee involved with breaking a lease. This fits under the category of job relocation expenses. Many companies cover relocating expenses.

In any case, consult with your landlord to establish a viable solution that works for everyone.

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