Legal Question in Real Estate Law in Florida
This question is regarding Real Estate (Tenant Landlord Law) in Florida. Someone told me that if I decide to buy my own house I can break my rental agreement with no penalty. Is this true?
The Early Termination Fee Addendum specifies that "I agree, as provided in the rental agreement to pay $xxxxx (an amount that does not exceed two months' rent) as liquidated damages or as early termination fee if I elect to terminate the rental agreement and the landlord waives the right to seek additional rent beyond the month in which the landlord retakes possession".
We only have 3 more months on the contract and we've put an offer on a house that was accepted. We've given the notice, and were wondering if that is any way out of the early termination fee.
Thank in advance.
2 Answers from Attorneys
Your entire lease agreement needs to be reviewed. There is no statute that allows for early termination to buy a home. Your lease agreement controls the early termination. From the language quoted it appears you are responsible for a payment for early termination.
Of course, you can ask that be a condition of the sale.
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