Cost of breaking a lease

[Todd Mims]

I am working with a guy overseas now that tells me that he can't wait until September so he can get out of his lease, although, no one will be staying there the next 9 months. I asked him why he didn't pay to get out of it or just break it and he says it would've cost him around $6000 and cheaper to continue paying it until then. I thought this was way too exorbitant. He says that in Texas it will cost that much. That just sounds outrageous to me. Who (renters) would have that kind of money in case they had to break a lease? I thought the norm was like the cost of first and last months rent and maybe forfeiting your deposit. How does this sound to you all?