Eviction V.S. Broken Lease
What is the difference between an eviction, and a broken Lease?
This post will explain the difference between an eviction and a broken lease (or judgment). Because these two are oftentimes filed I in court together there is always confusion about which is which. Both will hinder your ability to rent in the future, but clarification is needed. Countless times a prospective client will telephone our office explaining that an eviction on their credit is preventing them from gaining approval. Yet when we delve deeper we find that there is a judgment from a former landlord on their credit stating that they owe a certain amount money. The difference is this: Anything that hits your credit report has to do with MONEY.
Whereas an eviction is a dispossession notice to vacate the premises or to return someone’s property. No property management company/landlord will even consider renting to you as long as you owe another property money. If a person was able to move from house to house without satisfying their property debt there would be total chaos and all landlords would lose money. There is much more leeway with an eviction providing that a certain amount of time has passed since the eviction filling. Simply put: an eviction filing does not go on your credit but rather your rental history.
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