-
Sign up for our newsletter and get the best of Veterans United Network each month.
Thanks for subscribing to our monthly newsletter!
Signing a lease or a rental agreement typically means you’re committing yourself to a house for a non-negotiable amount of time.
Deciding to leave before the lease expires tends to trigger a financial penalty, and sometimes it’s a steep one.
So what happens when you’re in the military and a PCS or deployment calls you away?
Perhaps you can get out of the agreement, but can your spouse? The Servicemembers Civil Relief Act (SCRA) provides help for service members who need to break a lease, but cases are typically settled on an individual basis.
That means you may not get out of your house fine-free.
So what can you do? Insure yourself. Before you sign the lease, be sure to put in a specific and succinct military clause.
See More
Recent Comments