Well, since September, I have been renting out a room so I could commute to my university. I signed a lease stating that I would be renting out this room until May 2011.
Out of nowhere, space in the dorms opened up and was offered to me... and I have less than a week to decide if I will accept the offer, and if not, they will offer that space to somebody else.
I believe that normally, past the first quarter of a semester, they will save spaces for students who are on a lease, but this semester is just now starting and they are in the process of accepting/declining those who have applied.
Anyway, I'm considering breaking my lease because the application process for dorming at my university is rather painful in terms of waiting times (they're overflowing with people, so space is limited).
What downsides are there? Do I lose all of my deposits (last months's + security)? I've paid the January rent and would not be staying for February, so would I get last month's back, at least? What about my security deposit? Because I've done no damage to the room, and even if he is cheap and nitpicks about things that were not my fault, there is no way that it would justify [my-deposit-amount]'s worth of repairs.
Or does it all just depend on the person renting the place out? (FWIW my landlord is a very cheap man)
I'm really frustrated by this extremely sudden turn of events. Any information would be appreciated.