I Notified My Landlord That I Would Be Terminating The Lease Early. According To The Lease, I Must Pay The Equivalent Of One Months Rent. Is This Proper?
Where the lease identifies an amount that must be paid if the lease is terminated before it expires, a tenant can be charged that amount. If the parties to a contract, such as a lease, agree what the damages for early termination shall be, the damages are said to be liquidated. Both parties are bound by the liquidated damage provision in the lease. Thus, the tenant would probably be required to pay the early termination fee. If the early termination penalty is unreasonable, the tenant should consider contacting an attorney.
Lead Counsel independently verifies attorneys by conferring with state bar associations and conducting annual reviews to confirm that an attorney practices in their advertised practice areas and possesses a valid bar license for the appropriate jurisdictions.
Attorneys Rated by Super Lawyers®
Super Lawyers is a rating service of outstanding lawyers from more than 70 practice areas who have attained a high-degree of peer recognition and professional achievement. The patented selection process includes independent research, peer nominations, and peer evaluations. The number provided represents the number of attorneys at the firm that have been selected to the Super Lawyers or Rising Stars lists.
Average experience reflects the average number of years that the attorneys at this firm have been licensed to practice law. The experience is based on data from the respective state bar association, where this information is available.