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Q. What is a lease release?
A. It is a release form that can be used by a landlord
and a tenant, when the landlord has agreed to release a
tenant from the lease agreement before it is set to expire.
Both parties sign it, and it provides you, the tenant, with
an early release from your lease and its obligations.
Q. I am a commercial tenant, will your lease release
work for me?
A. Absolutely. Our lease release form can be used by commercial
tenants as well as residential tenants; in fact, it is specifically
designed to be applicable for both situations. As long as
both you and the landlord agree to terminate the lease agreement
then our lease release will work for you.
Q. When would I need to use a lease release?
A. There are a lot of different situations that can arise
which can cause you to need to be released
from your lease before its term has expired. Perhaps you
have gotten a job in a new state and you need to move there
as soon as possible. Maybe you have a sick family member that
you need to move in with and take care of, so you can no longer
stay in your apartment. Or maybe you yourself have become
ill, so that you can no longer run your business and therefore
you need to be released from your commercial lease. For any
of the aforementioned reasons, and for countless others, you
may need a lease release so that you can terminate your lease
early and not be held accountable for the remainder of the
lease term. Our lease release puts that agreement into writing,
so that you have proof that you were released early from your
lease term.
Q. Does my landlord have to approve of the lease
release?
A. Yes, a lease release is not
effective unless your landlord has agreed to release you from
the lease and will sign the form. Both signatures, yours and
the landlord's, are required on the lease release, and the
form is not binding unless it has been filled out and it has
both signatures. Therefore you will need to talk with your
landlord, possibly explain your situation, and hopefully the
two of you can come to an agreement and an early release from
your rental agreement will be allowed. Remember though, for
your legal protection you need to make sure that the agreement
is put into writing by using a lease release to memorialize
it.
Click here for more information
about lease release documents.
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