Legal Question in Landlord & Tenant Law in Michigan
Lease Termination Penality Fees
I have to break a 1 year lease and in the lease it states that I have to pay 2 months rent in order to get out. Now the property management is saying I need to pay a Consession Fee that consists of the difference between my current rent and the ''market value'' of the apartment for the remaining 7 months of the lease. However, nothing in my lease states anything about the ''market value'' of my apartment. The difference comes out to be an extra $1600 in fees. Do I have to pay these extras fees when the ''market value'' price is not stated in my lease?
2 Answers from Attorneys
Re: Lease Termination Penality Fees
You should contact an attorney to read the lease and figure out how you can get out of it. It may just take a letter from your attorney alerting the property manager what the lease says. It is the property manager who if you follow the 2 month rule would have to file suit against you.
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Re: Lease Termination Penality Fees
The language of the lease regarding termination of tenancy controls and any ambiguities will be interpreted in your favor. You should have an attorney take a look at the lease and give you her advice. If you would like me to do this, please drop me an email with the lease scanned as a .pdf file.
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