Termination of a Lease Agreement

Leases are contracts which legally bind both sides to an agreement for a specified period of time. However, in many cases, a premature termination of a lease agreement may be sought by either the landlord or the tenant. Early termination can lead to various losses, and in some cases, may lead to a lawsuit or other legal penalties. In general, a tenant may enforce a termination of a lease agreement under the following limited circumstances: