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What is the average cost of the early termination of an apartment lease in new york city?
Wiki User
∙ 9y ago
A lease is a contract between a landlord and tenet. When a lease is broken, that is a breach of the contract, and violates the rental agreement. In New York City, the landlord is entitled to the rental payments until the lease would originally be up, however courts are pushing landlords to re-lease the unit, which lessens the total amount owed.
Wiki User
∙ 9y ago
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Can you break an apartment lease in Louisiana if you are purchasing a home?
In Louisiana, there is no specific law allowing a tenant to break their apartment lease if they are purchasing a home. Generally, tenants are bound by the terms of their lease and may be responsible for paying rent until the lease ends or find a replacement tenant. However, it is advisable to review the lease agreement for any early termination clauses or negotiate with the landlord for an early release.
What are the risks of early termination of a car lease?
Nissan charges a $500 additonal fee on top of whats remaining on your lease.
How much is security deposit for an apartment?
Depending on the lease or the apartment Depending on the lease or the apartment Depending on the lease or the apartment
Can you change your mind on a lease car and return it to the dealership?
If you already signed the lease, you are subject to the terms of the lease and/or any penalty the leasing document states for early termination.
How do you get out of a lease when your boyfriend and you broke up?
Check your lease for the termination clause. It will spell out exactly what you need to do in order to end the lease early. If there is no early termination clause, you will need to pay the rent as required for the period of the lease. You and your boyfriend will probably need to discuss who will be financially responsible for this, and discuss whether it makes the most financial sense for one of you to continue the lease, either alone or with a new roommate.
How do I Get out of apartment lease in New York?
If you are stuck with a 12 month lease you will not be able to get out unless you can convince the Landlord to end your lease agreement early.
How soon can you cancel a lease without any penalties being incurred?
You need to review your particular lease. A lease is usually enforceable until the termination date in the lease agreement.You need to review your particular lease. A lease is usually enforceable until the termination date in the lease agreement.You need to review your particular lease. A lease is usually enforceable until the termination date in the lease agreement.You need to review your particular lease. A lease is usually enforceable until the termination date in the lease agreement.
Can you tell you what a lease termination letter is?
A lease termination letter is a letter that a borrower will give to a lender releasing the borrower from a legally binding contract. It will be given when the lease comes to term or if the borrower and lender come to an agreement.
Are you responsible for your sublet if your lease ended and they stayed?
This all depends on the terms of your lease. Most apartment complexes do not allow a tenant to sublet. So if the main tenant terminates the tendency, this termination will include everyone. The main tenant is the one who will be responsible to give the landlord back into the apartment.
Can a cosigner be sued for early termination of lease?
Anyone can sue. Your question doesn't provide enough information for anyone to answer.
WHAT IS Gain to lease in apartment?
It means if an apartment rent is $500 and they rent you the apartment for $550, the apartments have a $50 gain to lease. If they rent it for $450, they have a $50 loss to lease.
Can you break your current apartment lease to go to military boot camp?
(Your recruiter can help with any debts you have when you join. They don't want their soldiers distracted by debts!) Depends upon the clauses pertaining to termination of lease in the lease executed by you with your landlord. Usually, one can do so either by giving notice and continue staying till the expiry of the notice period (in case you don't intend to stay there you will still have to pay for the notice period till actual expiry); or pay damages (or whatever) as mentioned under the lease deed. Better way is to serve the termination notice to your landlord and pay for the due amount, till actual termination. Nonetheless, it is important to visit clauses of your lease deed for termination.
