2007-07-16 03:22:14 · 7 answers · asked by toomuchmoney 1 in Business & Finance ➔ Renting & Real Estate
The answers you've been given are true in most of the U.S. However, since Louisiana still follows Napoleonic Code (especially in regards to Real Estate) the answer may be different. Contact a real estate attorney in La. for a definitive answer.
2007-07-16 06:38:06 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Only if your lease grants you that right.
A lease is a binding legal agreement between you and your landlord. Many leases do spell out the penalty for early termination to avoid arguments and litigation in the future. If your lease has such clauses, then that's the penalty you will have to pay.
If the lease is silent on the issue you are liable for the remainder of the lease term or until the LL places a new tenant, whichever comes first. The LL has a legal obligation make a reasonable effort to place a new tenant to limit your liability. In most jurisdictions the courts have held that 2 months is sufficient time to place a new tenant, however local conditions could swing that either way.
If your lease doesn't contain any type of clause relating to breaking the lease you should discuss the issue with your LL. Many LLs are willing to work with good tenants to come to an equitable agreement. If you do come to an agreement, be SURE to get it in writing. Both you and the LL need to sign the agreement. This will prevent any problems should either of you change your mind in the future.
2007-07-16 11:15:16 · answer #2 · answered by Bostonian In MO 7 · 0⤊ 0⤋
It depends on your lease and your landlord. Some leases have an out clause if you buy a house but those are usually negotiated before the signing. Your landlord may let you out, but is probably more likely to let you sublet.
2007-07-16 10:52:11 · answer #3 · answered by surfbum68m 3 · 0⤊ 0⤋
See if your lease has a standard clause for breaking the lease. If it does, you're fine. If not, see what you can do about having someone else take over the lease so you can leave.
2007-07-16 10:31:42 · answer #4 · answered by J P 4 · 0⤊ 0⤋
no that is not true if you sign a lease with someone you have to honor it. they can sue you for the rest of the money that is left on your lease. now if you talk to them maybe they will just let you out of your lease and just take your deposit if there was any. that is what my land lord does .
2007-07-16 10:28:13 · answer #5 · answered by angelgirlbz 2 · 0⤊ 0⤋
no its not true unless its stated in ur lease. u need to speak to your landlord and see if you can negotiate breaking ur lease early. most places charge an early termination fee.
2007-07-16 10:55:14 · answer #6 · answered by spadezgurl22 6 · 0⤊ 0⤋
No - but if you talk to the landlord they may be willing to cancel the lease for the opportunity to sell.
2007-07-16 10:37:25 · answer #7 · answered by Diane A 5 · 0⤊ 0⤋