A lease agreement is usually for a fixed period, but sometimes one or more parties want to break the lease before the end of the contract period is reached.
There are two scenarios in which the tenancy can be broken:
1. If the other party has violated their responsibilities outlined in the terms of the agreement.
2. If both parties agree to terminate the lease before the end of the rent period.
It’s always best to give the other party as much notice as possible when terminating a lease agreement.
If the landlord wants to break the lease, the tenant needs adequate time to find a new property. Conversely, if the tenant breaks the contract, the landlord needs time to find a new tenant.
It’s essential to check with your state laws to understand your rights when breaking a lease agreement.