Breaking a rental lease
Can a rental lease in an apaprtment be broken if you buy a home?
Are penelties applied?
One thought on “Breaking a rental lease
Can a rental lease in an apaprtment be broken if you…”
Re: Breaking a rental lease
NOTE: This communication is not intended as and should not be interpreted as legal advice. Rather, it is intended solely as a general discussion of legal principles. You should not rely on or take action based on this communication without first presenting ALL relevant details to a competent attorney in your jurisdiction and then receiving the attorney’s individualized advice for you. By reading the “Response” to your question or comment, you agree that the opinion expressed is not intended to, nor does it, create any attorney-client relationship, nor does it constitute legal advice to any person reviewing such information, nor will it be considered an attorney-client privileged communication. If you do not agree, then stop right here, and do not read any further.
An apartment lease can be broken by anyone but there are severe legal implications. Buying a home does not afford you any protection against these implications. You may be held responsible for damages including payment for all monies due to the end of the lease, although the landlord does have the responsibility to try to mitigage damages.
I would strongly suggest that you either try to schedule your closing towards the end of your lease or try to work out some arrangements with your landlord.
Scott R. Jay, Esq.
Scott R. Jay
Law Offices of Scott R. Jay
1575 Northeast 205th Street
Miami, FL 33179-2133
Re: Breaking a rental lease
NOTE: This communication is not intended as and should not be interpreted as legal advice. Rather, it is intended solely as a general discussion of legal principles. You should not rely on or take action based on this communication without first presenting ALL relevant details to a competent attorney in your jurisdiction and then receiving the attorney’s individualized advice for you. By reading the “Response” to your question or comment, you agree that the opinion expressed is not intended to, nor does it, create any attorney-client relationship, nor does it constitute legal advice to any person reviewing such information, nor will it be considered an attorney-client privileged communication. If you do not agree, then stop right here, and do not read any further.
An apartment lease can be broken by anyone but there are severe legal implications. Buying a home does not afford you any protection against these implications. You may be held responsible for damages including payment for all monies due to the end of the lease, although the landlord does have the responsibility to try to mitigage damages.
I would strongly suggest that you either try to schedule your closing towards the end of your lease or try to work out some arrangements with your landlord.
Scott R. Jay, Esq.
Scott R. Jay
Law Offices of Scott R. Jay
1575 Northeast 205th Street
Miami, FL 33179-2133