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No. the lease was probably backed by a bank or by the automaker.

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17y ago

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If you have filed bankruptcy and you break your lease do you still have to pay?

You should have told the court and the trustee in the chapter 7 documents what your intentions were with respect to the lease. If you were terminating the lease, you must return the leased property to the creditor.


Landlord says house in foreclosure I want to break lease and move Can I?

The foreclosure sale will function to terminate the lease. However, until the foreclosure sale takes place, the owner is still the owner, and the lease remains in effect.


How do you braek a lease with an auto finance company?

From my understanding the only way to break a lease is to pay it off or stop paying. The latter suggestion obviously has detrimental effects on your credit. The best way to "break" a lease is to pay whatever payments are left on the lease. Financially this might be a real good idea. If you are still under the mileage for the lease and it is cheaper to pay the remainder of your lease payments, rather than pay the mileage penalty.


If a Slaes Rep get a customer approved to lease a car Do that Sales Rep still get commission?

Yes the sales rep would get commission on the transaction because a lease is a commissionable transaction. Sales reps also get commission if a customer finances a car through the dealership.


Are you liable for the rent of an apartment if you break the lease early in the state of georgia if they have already rented it before your lease was up?

In Georgia, if you break your lease early, you may still be liable for the rent until the end of the lease term, unless the landlord has mitigated their damages by finding a new tenant. If the landlord has already rented the apartment to someone else before your lease was up, you may only be responsible for the rent up until the new tenant's lease begins. It's essential to review your lease agreement and consult with a legal professional for personalized advice.


If apartment managers change does that break your lease?

No. You are still under a contractual agreement to fulfill the terms of your lease, no matter who the manager may be. The lease is usually an agreement contract between yourself and the management company who owns the apartment complex, not between yourself and the individual manager.


Which is worse an eviction or broken lease?

An eviction definitely! With a broken lease, you are still paying your landlord the rent that you own him and will probably be paying a fee to break the lease. With an evicition, the renter probably has stopped paying the rent or has damaged the property or has been doing something illegal like growing marijuana on the property.


Can you get out of a lease in Florida if you become unemployed?

No, you are still obligated to pay your rent for the term of the lease


After only 35 days of signing a car lease i early terminated the lease and turned the car in.Do I still have to pay the dealership the down payment?

This should be outlined in your contract - the chances are that you do as generally the downpayments is non-refundable anyway, unless you're within a 'cooling off' period (7-14 days in the UK usually).


Can you break your lease if you have a kid and a sexual predator lives in the same building?

You can break a lease for what ever reason you decide, however you will in all likelihood still be responsible for the contract you made. That is, if you find that a registered sex offender lives in the same building, you can panic and run, but you will still be liable for the rent. The responsible solution is to keep an eye on your kid, and take precautions against the child becoming the victim of the predator you don't know about.


How many days by law do you have to give prior to move out?

Laws vary from place to place, but the rule of thumb is 30 days if you have reached the end of your lease period. If your lease still has more than 30 days remaining, you are bound to pay rent for the remainder of the lease period unless the landlord gives you written permission to move out or there are extenuating conditions which would give you legal cause to break the lease.


Can you break an apartment lease legally if you are getting a divorce?

Depends on the lease usually the answer is no, both parties are still legally obligated to the terms of the lease, so do not let your partner take their name off of the lease.AnswerContact your apartment management and see what terms they have available for you. The first answer may be that you cannot do this without paying out the remainder of the lease, but persist in taking this up to the owner, particularly if you cannot afford this on one income.