1. Money
Hiding things from your landlord can definitely cost you additional expenses. If you are lucky enough, you will be simply charged with a fine and be required to pay extra rent or deposits as outlined in your lease. If your landlord discovers that you’re secretly keeping a furry friend—which could be against your apartment’s pet policy—the management company could slap you with a hefty fine or charge back pet rent and deposit. In one of the worst-case scenarios, they may even ask to remove your pet and may consider terminating your lease. And that security deposit you’re holding onto that you can put towards a new place may be forfeited.
2. A Place to Live
More than a simple fine, you can also get evicted if you break rental contract rules. Landlords have their reasons when they say they don’t want a pet or an unlisted roommate in their rental property. Your pets may not be covered by their insurance, and unlisted people may not be held liable if they cause damage to the property. It is simply not worth it to skirt the rules and breach the terms of your lease if it would mean you’ll be out of place to live. To avoid a stressed-out life brought about by the ramifications of breaking your rental contract, do some research before you sign the lease.
3. Credit Score
If you’re still hoping to own a house as part of your American Dream, this can be one of the most important things you don’t want to risk while you’re still a tenant. If your landlord decides to evict you for breaking the terms of your lease, it can seriously affect your credit rating. And having a good credit score is certainly crucial for finding a new rental place or getting approved for a mortgage loan. It plays a big role especially when the time comes for you to buy a home. The eviction may cause a serious drop in your credit score and it will likely appear on future tenant screening reports.
4. Legal Action
We know it’s something we all want to avoid, but hiding things from your landlord could even be a cause for a lawsuit if things escalate further. Some states allow landlords to sue tenants for damages or repairs they caused during their occupancy. It’s an even more likely scenario if your pet accidentally bites someone or your additional roommate incurs damage to the unit. As the renter, you have the option to countersue, but just think of how much time and money it might cost you during the process. Your landlord may also choose to take legal action if you refuse to pay fines or bills to cover the damages to the property.
5. Your Reputation
Aside from paying for additional expenses, losing your place to live, and risking an attractive credit score, what about your reputation? And we’re talking here about you losing a good rental reference, which is necessary when it’s time for you to apply for a new apartment. Even if your landlord is kind enough to let you stay on his property and only charges you with a fine, he/she will still likely bring up the dishonesty with your prospective landlords. Or the property’s management company could give you a negative review every time they are asked about your performance and reputation as a tenant. Without strong references from past landlords, this could make it rather difficult to secure a nice place that you actually want to live in.