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Yes, a lease termination can affect your rental record and may impact your ability to secure future housing.

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AnswerBot

9mo ago

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Related Questions

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.


Is a written notification for a termination of a lease required in Pennsylvania and if so how many days do you have?

read your lease contract!


When real estate under an estate for years is sold what happens to the lease?

lease is subject to termination with proper notice


Can you purchase a template for a lease termination letter online?

Yes, there are many companies that sell templates for lease termination and other rental agreements and forms. You can also get one for free from the website of Drexel University.


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.


A lease that has a specified termination date?

A lease with a specified termination date is a rental agreement that clearly outlines the start and end dates of the lease term. This type of lease provides both the tenant and the landlord with certainty regarding the duration of the tenancy. Upon reaching the termination date, the lease automatically concludes unless both parties agree to renew or extend the agreement. Such leases are common in residential and commercial real estate, ensuring clarity and planning for both parties involved.


Why would you receive a lease termination letter?

When you enter into a Contract of Lease, you a signing a legal document between the lessor and lessee. Both parties have the right to terminate the lease at any time if the terms and conditions of the Contract of Lease have been broken. A Lease Termination letter is usually written when one party has violated the terms of this contract and the other party has decided to end it.


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.


Year of us lease end on Guantanamo?

There is no year end to this lease, the lease will first end when US and Cuba both agree on the termination of the lease. according to the Platt Amendment, the lease is indefiant at the cost of 2000 USD a year.


If you turn in your lease early will it effect your credit?

As long as you pay any early termination fees tied to your lease, and pay off your remaining payments, it will not affect your credit. However, like with any contract that involves money, if you 'run away' from the lease, it can be turned over to collection agencies, which could then harm your credit. Hope that helps!

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