My question involves landlord-tenant law in the State of: California
The lease in question seems to be a fairly standard copy and says that it is Copyright of the CA Association of Realtors.
I am in need of leaving my lease several months early. The lease states:
"BREACH OF CONTRACT; EARLY TERMINATION: In addition to any obligations established by paragraph 28 [detailing rental condition, etc.], in the event of termination by Tenant prior to completion of the original term of the Agreement, Tenant shall also be responsible for lost Rent, rental commissions, advertising expenses and painting costs necessary to ready Premises for re-rental. Landlord may withold any such amounts from Tenant's security deposit."
I read this as I am responsible for the for lost Rent, rental commissions, advertising expenses and painting costs necessary to ready Premises for re-rental. I do not see any thing is this that states I am responsible to pay the lost rent for the remainder of the lease agreement. If I am responsible for the remainder of the lease agreement the landlord has no insentive to re-rent the Premises.
Can someone offer some clarification of this statement?I would appreciate it.