Terminate a Lease Early -- "this lease is very one sided, pro landlord"
This is a discussion on Terminate a Lease Early -- "this lease is very one sided, pro landlord" within the Landlord vs Tenant Issues forum, part of the REAL ESTATE & PROPERTY LAW category; My question involves landlord-tenant law in the State of: New York Hi As a landlord, I just signed a year ...
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#1 |
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My question involves landlord-tenant law in the State of: New York |
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#2 |
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I wish to inform you that in case of early termination of agreement the party causing breach will pay for the loss of party not at fault. In this regard if house is not available then landlord has breached agreement and you may claim compensation for your loss. However if landlord is ready to provide you premises and you cause breach of agreement then you can be held liable for landlords losses. In this the lease agreement provision having details of the amount of compensation for early termination is invalid because it appears to be penalty in nature and not liquidated damages. In breach of agreement only actual losses may be claimed.
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#3 |
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Leases are for a precise, exact term and conditions. Neither party can unilaterally breach a lease without expecting a claim for damages. As to some of the provisions, I concur that they are going to be difficult to enforce for they go against the body of law. If one terminates a lease, for example, and the landlord rents to another immediately, he cannot charge the exiting tenant for the same period of time.
There are several very active tenants rights groups in New York which I would present the lease and your situation to for you will get up to date advice and tactics to deal with this avaricious landlord. |
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Dead tree not being dealt with. Can I break lease?
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