“If I have a neighbourly issue and I’m forced to find a new rental property as soon as possible to avoid future altercations, is this a fair enough reason to be able to terminate my lease agreement without being penalised financially by my agent?”
Licensed property manager with Harcourts Integrity, Amy Mackenzie offers her insight:
“Unfortunately terminating a lease agreement after conflict with a neighbour isn’t considered grounds for termination without penalty,” Amy said.
“The tenant is required to submit their intentions in writing to the property manager for them to communicate to the landlord, who may agree to the break lease without financial penalties.”
“Though in most cases the landlord will request for the tenant to cover the rent until a new tenant is secured or until the current lease agreement comes to an end, whichever may come first.”
Amy said the tenant may also be asked to cover the cost of re-advertising the property and the un-used portion of the letting fee.
“In this case it is best for a tenant to give as much notice as possible of their intentions to break lease so the property manager and landlord can take all necessary steps to secure a new tenant as soon as possible,” she said.
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