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Tag Archives: breaking a lease

Military Clauses Can Be a Renter’s Lifeline When Duty Calls

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.
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Posted in Home Shopping, Insurance, Inspections and Other Essentials, PCS and Moving | Also tagged , , 1 Comment
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Peter G. Miller

Peter is a nationally syndicated real estate columnist and mortgage expert. He is the author of seven books and has appeared in broadcast and print interviews with leading media including Oprah, CNN, the Today Show, National Public Radio and The New York Times. Peter was the creator and original host of the AOL Real Estate Center and a past editor of RealtyTimes.com. Today he hosts OurBroker.com, a leading source of real estate news and opinion.


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