This has been a crazy year for a lot of us and reconsidering your housing can even come into play. If you are a renter and are looking to downgrade your apartment, try these helpful hints if you try to break your lease...
Depending on the building owner, you can ask for an in-person chat. Then you can share your situation and how you would love to stay but that you're worried about your finances. By being honest about your situation, you are letting the owner know that you are looking out for their best interests (and yours) and allowing them the option of getting tenants that can afford the space. Plus the emotional angle may work and catch you a break.
If you think the owner may not go for a good faith break, ask them if they would let you sublet the apartment for the remainder of your lease. Then you are legally fulfilling your contract.
Always offer at least 60 days when chatting with your landlord. This a sign that you are considerate of their time because they now have to find a new tenant to fill your apartment. Some landlords may want 90 days.
These are just a few suggestions you can take when breaking your lease. And remember that there is no law that says that the tenant cannot break their lease. However, by law and by the lease contract, you may be financially obligated to the landlord for rent and other charges to re-rent.
Check out more renter posts from Apartment Therapy: