Legal Question in Real Estate Law in New Jersey

Premature End of Lease

If a landlord and a tenant agree to end a lease prior to the ending date on the lease, what steps should they take to make the agreement superseded the existing lease? Is a verbal agreement good enough? If the landlord agrees to the let the tenant out without penalty, what protects the landlord from keeping the security deposit?


Asked on 2/05/00, 9:10 pm

2 Answers from Attorneys
Daniel Clement Law Offices of Daniel Clement

Re: Premature End of Lease

You should arrange to enter into a surrender agreement. The landlord accepts possession and agrees to free you from your lease obligations.

Daniel Clement

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Answered on 2/07/00, 9:56 pm
Bernard J. Berkowitz Berkowitz & Raiken

Re: Premature End of Lease

WITHOUT GIVING SPECIFIC LEGAL ADVISE, BE ADVISED THAT A LEASE CAN BE ENDED EARLY BY MUTUAL AGREEMENT, BUT IT MUST BE IN WRITING AND THE STATUS OF THE SECURITY SHOULD BE PART OF ANY SUCH AGREEMENT. YOU SHOULD HAVE A LAWYER REVIEW OR PREPARE THE DOCUMENT.

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Answered on 2/07/00, 10:26 pm


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