Rental Agreement Question
 

Asking for friend because no one seems to have the same answer asking around.

Friend needs to leave rental unit, has been there for about 3 years, recently signed another 1 year lease. However there was some jumble up in payment method and the rental agency dated 2 months difference from the start because of the payment method swap.

There is about 6 months left remaining from the contract.

He wants to leave on good terms and is wondering what is the real early cancellation penalty.

Why doesn’t he ask the rental company not trying to give a smartass comment, but I bet they have the answer

If he's been renting for 3 years, it should be pretty easy for him to prove that he renewed on a certain date every year...

The RTB does not leave room for "early-cancellation fees." Either your rent for the remaining term or you abandon the lease early and are liable for any loss incurred by the Landlord. This is a contractual point than anything else.

Landlord will have a duty to mitigate his/her loses however and will have to attempt to rent the place out to someone else and prove that he/she was unable to find a tenant to fill in "your friend's" shoes.

Because due diligence.


Parm pretty much explained it, but here's a link for your friend to read up on himself. https://www2.gov.bc.ca/gov/content/h.../tenant-notice

From my experience in the past when I left a place, even though I gave a full notice on time (and the rental company tried to sue me for not giving notice blah blah, it’s ok I won that case. Fuck you Capreit)

- if you leave early, you are still on hook for the contract.
- if you give a 30 day notice, leave and they can flip your rental right away so the unit never goes empty, it’s all good
- if it takes 3 months to fill your old unit, you may have to pay for those 3 months of rent etc.

I assume it would have been in the contract? Not sure I’m not good with that stuff