2006-07-26 12:27:46 · 9 answers · asked by Luckys Charm 4 in Business & Finance ➔ Renting & Real Estate
Nope.
2006-07-26 12:30:40 · answer #1 · answered by toejam_rummy 3 · 1⤊ 0⤋
no, a lease is a contract. you must read the terms of your lease contract first. normally you must pay all the rent due each month to the owner.
in the city of chicago, the law states that if either party, lessee or lessor, wishes to nullify tenancy/responsibility to pay rent, then either party MUST send a letter 30 days ahead of the time that the tenancy is to end, and that it be sent by certified or registered mail.
even if you tell your landlord that you are going to close on a real estate purchase and she agrees to rent out your apartment after you vacate it, you still have to send the letter of notification to vacate in the manner stated above.
let's put the shoe on the other foot. if you leased an apartment for $1,000/month for one year, then the owner sold the building one month after you paid for the first month's rent, do you think it would be fair for the purchaser of the property to up your rent to $2,000 a month? do you think that it'd be fair for the new landlord to even issue you a notice to vacate letter if the new landlord found someone else that wanted your apartment at even $5,000 per month? would it be fair to you if the new landlord wanted to tear the building down and simply told you (even by letter) that your tenancy was nullified? no, you wouldn't. that is why there are contracts to lease.
if you give your landlord enough time to locate a suitable lessee, you may have to give your security deposit up, but many landlords just want the apartment rented at fair market rent, which is usually higher than what you pay. therefore, they normally, under these circumstances, will allow you to vacate your lease without a lawsuit. if they don't let you out of the lease and you do not do everything that you agreed to do in your lease contract, e.g., pay the rent, then the landlord will win a judgment against you for all forthcoming rent.
2006-07-26 20:04:29 · answer #2 · answered by Louiegirl_Chicago 5 · 0⤊ 0⤋
It depends on the terms of your lease and the laws and statutes of the state you live in. After reviewing the terms of your lease, you should contact your landlord or property manager of the landlord and explain the situation. If you break the lease, the landlord is usually entitled to the rent that he would have received if you fullfilled your obligation, but only if he/she has followed the laws and requirements of landlords according to the local laws. If your landlord is reasonable, he/she will attempt to re-rent the property and only charge you for the time the property has gone unrented.
2006-07-26 19:39:08 · answer #3 · answered by susan l 1 · 0⤊ 0⤋
No. Most landlords will not give you an out at all. You can ask, but don't plan on it. Check carefully though, I had this happen once and found a loophole where if my office was transferring me, I could get out of the lease. Got my boss to transfer me to another state, he wrote a letter, I got out of the lease, and then th boss transferred me back.
2006-07-26 19:31:52 · answer #4 · answered by Marvinator 7 · 0⤊ 0⤋
If you can't get out of it then try to sub lease it to someone else for the duration of your lease.
2006-07-26 19:33:22 · answer #5 · answered by normy in garden city 6 · 0⤊ 0⤋
No, a contract is a contract. Some times landlords are nice and will make changes with you.
2006-07-26 19:33:05 · answer #6 · answered by kitkat 7 · 0⤊ 0⤋
it would depend on the landlord or your contract. We didnt, we had to pay two place for 2 months.
2006-07-26 19:31:02 · answer #7 · answered by Ember B 3 · 0⤊ 0⤋
I agree with susan_l. Try to talk with your landlord to work out this issue.
2006-07-26 19:52:00 · answer #8 · answered by curiousgem 2 · 0⤊ 0⤋
No but try to approach the landlord and ask
2006-07-26 19:43:13 · answer #9 · answered by dt 5 · 0⤊ 0⤋