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Re: Ending Lease Early - Landlord Forum thread 358361








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Re: Ending Lease Early by Garry on August 4, 2018 @10:48

                              
If there is no wording in your lease about penalties, then it becomes whatever may be in your state's LL/T laws about penalties. If there is nothing in those laws regarding penalties, then you can only claim the ACTUAL damages you incur to get a place re-rented again in the middle of a broken lease. That usually means loss of rent, utilities, court costs, and advertising costs. We in Iowa, are limited to $100 as far as a "penalty" goes.
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