Q: Hi I am planning to buy the house and made an offer.If everything goes well I may need to break the lease.
I need to know what are the best options to minimize the loss for breaking the lease.I do informed 2months before.I may vacate by end of December
A: There is no ‘break the lease’ methods that are favorable to the tenant. You may negotiate with the landlord for an early termination but any agreement may include forgoing of a part or all of your security deposit, if any. If you leave without an agreement with the landlotd, you will be responsible to pay the rent till the lease maturity date. If a lease occurs quickly , it will limit your exposure. If relet for more the landlord gets a bonus. If for less, you will be responsible for the difference.
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