Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Real Estate Law (https://www.askmehelpdesk.com/forumdisplay.php?f=29)
-   -   Early termination of lease penalty (https://www.askmehelpdesk.com/showthread.php?t=275371)

  • Oct 30, 2008, 11:49 AM
    clevy
    Early termination of lease penalty
    I have to re-up my lease no later than tomorrow. The early termination penalty for breaking the lease is 2 months.' rent less deposit. I read that there is an "opt out" of early termination penalties. Can someone please help me out today? I'm running out of time. Thanks
  • Oct 30, 2008, 01:54 PM
    this8384

    I'm not entirely sure what you mean by "re-up." Are you a landlord or a tenant? Why are you breaking the lease?
  • Oct 30, 2008, 01:55 PM
    rockinmommy

    Hhmmm. What state are you in?

    Where did you read about this "opt out"? I mean are you thinking it's a law?

    There's a "sticky" at the top of this forum with a link to each state's landlord / tenant laws.

    Just from the states I've done business in I've never heard of any "opt out". You're agreeing to a contract. And you're agreeing to what you'll do if you break that contract. If you could just "opt out" of that penalty then there'd really be no weight to the contract.

  • All times are GMT -7. The time now is 01:13 AM.