I’m from Europe, living in Florida right now and renting an apartment with MAA. I’ve been here for about 6 months, but now I have to go back home for a couple of years because of some urgent things that happened there.
My lease contract says I have to "mitigate damages" to break it. Basically, they want a 60-day notice, plus I have to pay back the 2 months of free rent I got when I moved in, plus an early termination fee (which is another 2 months of rent).
I’m on a tight budget with the move, so I offered them 60 days notice + 2 months (basically paying for the free 2 months), but they said no.
What are the actual legal consequences here? I want to confirm that
- Will my credit score really drop by 100+ points?
- Will they just sell my debt to a collection agency?
- Can I do a payment plan with them later, or maybe a "pay for delete" with the collectors?
Has anybody had experience with big companies like MAA? I just can't pay everything they ask right now. Thanks.