Legal Question in Landlord & Tenant Law in California
Apartment Lease Termination Fees
Is there a maximum amount as to
what an apartment complex can charge
a tenant upon cancellation on a rental
contract?
1 Answer from Attorneys
Re: Apartment Lease Termination Fees
Yes, but not a specific dollar amount. The maximum they can charge you is their actual damages for the breach of the lease. That is measured by (1) the rent actually lost between your surrender of possesion and the re-letting of the apartment, (2) any costs associated with re-letting the property (advertising, commissions, etc...), and (3) any difference in the rental rate between what you were paying (or would have paid under the lease) and what the new tenant is paying, but only through the end of the lease term. Also, read your contract to see if you agreed to specific early-termination fee. As you can see, its almost impossible for a management company to determine these damages before they have the apartment re-let, so often they charge some sort of flat-fee and hope that the tenant doesn't fight it. Ask to see information about when they relet the apartment, what the new rent was, and what their cost of re-letting the apartment was before paying anything.
*Due to the limitations of the LawGuru Forums, The Gibbs Law Firm, APC's (the "Firm") participation in responding to questions posted herein does not constitute legal advice, nor legal representation of the person or entity posting a question. No Attorney/Client relationship is or shall be construed to be created hereby. The information provided is general and requires that the poster obtain specific legal advice from an attorney. The poster shall not rely upon the information provided herein as legal advice nor as the basis for making any decisions of legal consequence.