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  1. #1
    Join Date
    Sep 2005
    Location
    minnesota
    Posts
    2

    Default Need Out Of Lease Due To Buying A Home

    I signed a one-year lease 3/05. I bought a home and will be taking ownership of my new home 10/05. My lease says that if the lease is broken I should give a 60 day notice and pay an extra months rent. on aug 31, 2005 I gave a notice to vacate on 10/31/05 which is 60 days notice. the property mang. called and said that if I did not pay the extra months rent now then the 60 day notice would not be excepted. I told her that if she accepts it or not, the fact of the matter is that she still has the notice that I will vacate. Am I correct or not? I can't afford to pay her the extra rent now. what should I do?

  2. #2
    Join Date
    Mar 2005
    Location
    Michigan
    Posts
    28,906

    Default Getting Out of Lease

    You have to check your lease to see what it says about when the additional month's rent is due.

  3. #3
    Join Date
    Sep 2005
    Location
    minnesota
    Posts
    2

    Default Reply: breaking a lease due to buying a home

    It says, Resident agree to pay Owner a Break lease fee in an amount equal to one month's rent at the time at the time notice is given and forfeit security deposit. Is that legal? Can everything in a lease be considered legal and binding if you signed it?

  4. #4
    Join Date
    Mar 2005
    Location
    Michigan
    Posts
    28,906

    Default Breaking a Lease

    The lease seems pretty clear.

    The lease is a contract. Many people have no similar provision in their lease, and risk being held responsible for all rents through the conclusion of the lease.

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