Can an apartment owner legally add a $501.00 fee for early termination of lease after I have lived here for 7 yrs. ?

Asked over 1 year ago - Pasadena, TX

When I went to sign my lease agreement the owner had added a $501.00 early termination fee on my lease. I have lived here for 7 yrs., owned a home for 38 yrs. prior to moving to this senior apartment complex and had no thoughts of moving.

Attorney answers (2)

  1. Kevin Matthew Koel

    Contributor Level 16

    1

    Lawyer agrees

    Best Answer
    chosen by asker

    Answered . If you were signing a new lease agreement or renewal, then the landlord could add new terms at that time. If you did not want to agree to the new terms you could refuse to sign and try to negotiate. But, if the landlord does not relent, then there will be no new lease and your old lease will expire. Parties are free to amend, modify, or make new contracts.
    However, to make sure the landlord had the ability to do this at this time, you should go see a real estate attorney to review your circumstances, your current lease, and the proposed lease.

    If this response was helpful, please mark it as helpful or as a best answer. The response provided herein is for... more
  2. Brian Heath Crockett

    Pro

    Contributor Level 16

    Answered . The lease agreement generally controls, but I find it hard to believe that the lease agreement was for 7 years. Moreover, it seems that the early termination fee is quite significant under these circumstances. I recommend you take the agreement to a local lawyer and find out if you have a case of refusing to pay the lease. Good luck.

    Know YOUR Rights. Take Action Now. CALL 855-648-4695. Legal disclaimer:This message does not constitute legal... more

Can't find what you're looking for? Ask a Lawyer

Get free answers from experienced attorneys.

 

Ask now

22,612 answers this week

2,833 attorneys answering

Ask a Lawyer

Get answers from top-rated lawyers.

  • It's FREE
  • It's easy
  • It's anonymous

22,612 answers this week

2,833 attorneys answering