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But breaking a lease can still affect your credit if it results in unpaid debt. Whether it be damage fees, termination fees, back rent, or current rent that you're still liable for, landlords can report that debt to collection agencies, who may then report that unpaid debt to the credit bureaus. Does Breaking a Lease Hurt Your Credit? - American Express americanexpress.com ? en-us ? credit-intel americanexpress.com ? en-us ? credit-intel
The Virginia Code provides that the landlord or the tenant may terminate a month-to-month tenancy by serving a written notice on the other at least 30 days prior to the next rent due date (see Virginia Code § 55-222 and § 55-248.37).
NOTE: Under Virginia law, if you do not have a lease, and you do not pay rent, you are considered a ?tenant at sufferance.? This means you can be evicted for any reason at all, at any time, and no notice needs to be given to you. Under this circumstance you can go from ?tenant? to ?trespasser? very quickly.
Virginia law requires tenants to provide their landlord with written notice at least 30 days prior to terminating their month-to-month agreement or at least 120 days prior notice for one with no end date. Virginia doesn't require tenants to provide written notice for fixed-end-date leases.
B. Upon the expiration of a rental agreement, the agreement shall be automatically renewed for a term of one year with the same terms unless the landlord provides written notice to the tenant of any change in the terms of the agreement at least 60 days prior to the expiration date. § 55.1-1302. Term of rental agreement; renewal; security deposits virginia.gov ? chapter13 ? section55.1-1302 virginia.gov ? chapter13 ? section55.1-1302
30 days 30-day letter (Notice to Quit) for contractual issues. This notice applies if the tenant is in violation of the lease/rental agreement. The landlord gives the tenant written notice to vacate the premises within 30 days. Eviction Process - Henrico County, Virginia henrico.us ? sheriff ? civil-process-section ? evicti... henrico.us ? sheriff ? civil-process-section ? evicti...
Most of the time, the penalty fee for breaking a lease in Virginia is one or two months of rent. The best thing both parties can do before ending a rental agreement is to review the initial document to see if it has an "Early Lease Termination" clause; that will prevent misunderstandings and legal problems. Breaking a Lease in Virginia - A Comprehensive Guide DoorLoop ? laws DoorLoop ? laws