Dryft vs paying your landlord a lease buyout

A lease buyout or break fee means paying your landlord a set amount to be released. Dryft finds a replacement tenant to take over the lease instead. A buyout is quick and certain if your landlord offers one at a price you can pay. Dryft finds a tenant instead and refunds you if none is found.

Updated

Side by side

Landlord buyout / break feeDryft
How you get outYou pay the landlord's fee and they release youA replacement tenant signs the property's lease
CostSet by your lease or your landlordA service fee, shown in an instant quote
CertaintyHigh, if the landlord offers itDepends on a tenant being found
SpeedCan be immediateTakes as long as it takes to find and approve a tenant
If it doesn't work outThe fee is usually paidYou can request a full refund before the incoming tenant signs
AvailabilityOnly if your lease or landlord offers itThrough the property's own takeover process

When a buyout is the better choice

If you need to be out now and the fee is small compared with the rent you'd owe, a buyout is simple and final. Get the release in writing. Read how to negotiate a lease break fee first, because many landlords will reduce it.

When Dryft is the better choice

If the buyout fee is high, your landlord doesn't offer one, or you have time to wait for a tenant, a takeover can cost less. If Dryft doesn't find a replacement tenant, you get your money back: you can request a full refund for any reason until the incoming tenant signs the official lease.

Frequently asked questions

Is a lease buyout cheaper than a lease takeover?

It depends on the numbers. Compare the buyout fee with the cost of a takeover, including any relet fee and a service like Dryft. Ask for both in writing.

Can I do both?

Yes. Some renters start a takeover and keep a buyout as a backup if a tenant can't be found in time.

What if Dryft can't find a replacement tenant?

You get your money back. Dryft's Service & Refund Agreement lets you request a full refund for any reason until the incoming tenant signs the official lease, and the service is risk-free until then.

This page is general information, not legal advice. Laws and lease terms vary, so check your own lease and talk to a lawyer or a tenant rights organization about your situation.