What do tenants need to know to break a lease without penalty?
In New York, tenants need to understand their rights and obligations when entering into a lease agreement. Generally, tenants can break a lease without penalty if they are able to find a suitable replacement tenant. The tenant must submit a written request with the identity of the proposed replacement tenant, and the landlord must approve the replacement before the tenant can be released from the agreement. In addition, tenants can terminate a lease if the property or unit they rented becomes uninhabitable. If this happens, the tenant must first inform the landlord in writing about the condition of the unit and keep all relevant documentation. The tenant and landlord must then negotiate a resolution to the issue. Tenants may also be able to break a lease if their landlord fails to maintain the premises or fails to provide certain services agreed in the lease. If the tenant can show that the landlord failed to perform their duties, then they can break the lease without penalty. Lastly, some leases contain a clause that allows a tenant to break the lease without penalty upon providing a certain amount of notice in writing. Tenants should always read through their lease agreement carefully to understand the exact conditions and details of their lease. In any case, it is important for tenants in New York to understand their rights and obligations when it comes to entering into a lease agreement. The tenant must take steps to protect themselves from potential financial losses due to a breach in the agreement.
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