my family has had a 30% loss of income and can't afford the rent on our lease and the owner will not work with us, can we get out of the lease ?
|
Read More Answered By: Robert Murillo |
Sorry for your problems. You should first review the lease to see what the terms for assignment, sublet and termination are. Then contact the landlord as soon as possible and advise them about your situation. You may want to offer to look for a new tenant and otherwise assist in getting someone for the place and see if you can come to an early termination agreement. If this is possible, I would recommend that you get the agreement in writing.
If you cannot come to a mutual agreement, then you may have no choice but leave for a more affordable rental. The landlord is obligated to mitigate their damages, which means that they must try to get a new tenant. Good luck.
DISCLAIMER—This answer is for informational purposes only and discusses general legal principles, trends, and considerations and is not intended as specific legal advice regarding your question. This answer does not establish an attorney client relationship. For legal advice, you should retain legal counsel regarding your specific circumstances.
|
Boulder, CO
Questions Answered: 792
Last Question Aswered on: 2012-05-22
Lakewood, CO
Questions Answered: 75
Last Question Aswered on: 2008-08-05
Cheyenne, WY
Questions Answered: 55
Last Question Aswered on: 2009-02-24
Denver, CO
Questions Answered: 5
Last Question Aswered on: 2007-09-26
Englewood, CO
Questions Answered: 4
Last Question Aswered on: 2011-05-24
Colorado Springs, CO
Questions Answered:
Last Question Aswered on: 0000-00-00
London,
Questions Answered:
Last Question Aswered on: 0000-00-00
Denver, CO
Questions Answered:
Last Question Aswered on: 0000-00-00
Denver, CO
Questions Answered:
Last Question Aswered on: 0000-00-00
► I signed a lease for a house in Fort Collins Colorado early in 2009 with a lease...
► I am trying to obtain my security deposit from my previous landlord. More than 2...
► Found out that I am paying heat and electric for two apartments on site where I rent...
► In Nov. 2008 I signed a rental lease agreement jointly w/ my boyfriend. He moved out...
► I recently signed a 12 month lease on an apartment. The next day i turned the keys...
► Termination of Lease My question is this: I had a mgmt. company handeling my...
► Claimant If I pay rent to my boyfriend's father can he claim me and my son?
More Landlord & Tenants questions and answers in Colorado| Bill of Sale | Living Will |
| Contracts | Notices |
| Divorce | Power of Attorney |
| Employment | Quitclaim Deeds |
| Landlord & Tenant | Real Estate |
| Leases & Rentals | Sales and Purchases |
| Letters | Wills |
| Living Trusts | More... |
© WebsiteBroker, Inc.
LawGuru.com | Advertise on LawGuru | Affiliate Program | Privacy | About Us | Press
