Legal Question in Landlord & Tenant Law in Michigan
Breaking a residental lease agreement.
What are the penalties for termenating a residential lease agreement? How can I get out of my lease without getting penalized?
2 Answers from Attorneys
Re: Breaking a residental lease agreement.
Generally speaking you are responsible for the remaining rent along with giving up the security deposit unless extenuating circumstances exist. For instance, if the landlord failed to substantially comply with the lease agreement you may have a defense for not being responsible for the rest of the lease monies.
Contact my office for a free consultation so that I can reveiw the particulars of this lease to better advise you.
Very Truly Yours,
John Graziani
www.attorneygraziani.zoomshare.com
Re: Breaking a residental lease agreement.
It would depend on the terms of your lease and why you want to terminate. If the premises are defective or uninhabitable, i.e., no water, then you have a legitimate reason for vacated the premises. If you are trying to terminate several months early for no reason, your landlord will likely keep you on the hook for all the rent - and keep your deposit for breaching the contract. You may wish to have a lawyer review your contract and provide his or her opinion.
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