Termination Of Lease Obligation: Fill & Download for Free

No. As long as you have the right to the space and the obligation to pay rent on the lease your landlord cannot sublease any portion of the space. He/ she would have to unilaterally terminate your lease obligation for defaulting on lease or the parties could agree mutually to terminate the lease. With elimination of lease obligation, landlord could then re-lease all or a portion of space.

You have 3 options:1.) Find someone to take over the lease. This will involve get the leasing company (I'm assuming Honda) involved as they will have to approve the credit of the potential new customer.2.) Call the leasing company, find out what your current buyout is (make sure you factor in any taxes) and try to sell your vehicle for more than the buyout. You get to keep the difference. But you'll have to pay out of pocket for any shortfall.3.) The last option is the worst case scenario and in almost every case involves the inability to pay. You can give the vehicle back. Not that the leasing company will take it back willingly with no penalty to you, but some people stop making the payments and give the car back. This is a breach of the lease contract and the leasing company will deem this a voluntary repossession (if you don't give the car back, it's an involuntary repossession) and post it on your credit bureau as such (R8 or R9). This will impact your ability to borrow money on credit for a certain period of time. I don't recommend this option.As you can see, in the first 2 options, you are basically fullfilling your lease obligations. In the last one, you are breaking your lease obligation. Lending institutions don't like that.

Right this second, there are a few problems.How exactly will I tell my current hospital that I’ve accepted another position? Do I tell them that I have bad news? Do I come in happy? Do I come in a somber mood? Do I keep it strictly business? The thing is, my demeanor is usually really happy. Anything else seems contrived. But coming in super gleeful as I tell them I’m leaving is going to come across as crowing. I feel like I’m breaking up with someone, and they’re going to be unhappy no matter how I bring it up.How the hell do I get out of my current apartment lease? The rent is $2.1K a month. There was a pretty sweet deal at first where I got 2 months free. I very much expected to be in this job until October, so I didn’t want a lease that expired in June. I ended up signing a 15-month lease, with the first 2 months free. Well, in order to break the contract, they want 3 months of rent PLUS the money from the initial “concession” of 2 months. This means I’d have to pay 5 months worth of rent—$10.5K—to get out of my lease. That’s a stupid amount of money to drop on essentially nothing.4. BUY-OUT PROCEDURES. You may buy out of the LeaseContract prior to the end of the lease term and cut off allliability for paying rent for the remainder of the lease term ifall of the following occur:(a) you give us written notice of buy-out at least 60 daysprior to the new termination date(b) you specify the new termination date in the notice, i.e.,the date by which you’ll move out;(c) you are not in default under the Lease Contract on thedate you give us the notice of buy-out;(d) you are not in default under the Lease Contract on thenew termination date (move-out date);(e) you move out on or before the new termination date anddo not hold over;(f) you pay us a buy-out fee (consideration) of $6312.00;(g) you pay us the amount of any concessions you receivedwhen signing the Lease Contract; and(h) you comply with any special provisions in paragraph 9 below.5. WHEN PAYABLE. The buy-out fee in paragraph 4(f) is dueand payable no later than 30 days after you give us yourbuy-out notice. The total dollar amount of any concessionsregarding rent or other monetary lease obligations for theentire lease term is $10520.00 and is due payable on thesame day as the buy-out fee, subject to any special provisionsin paragraph 9 regarding the amount, calculation method, orpayment date.I’m going to try to negotiate with them, but I’m probably going to hire a lawyer and see if there is any way I can pay less money on this.Where am I going to land in Europe next month? This is a very practical question for me. For a variety of reasons, my favorite airline is Norwegian. I find that flying in their premium cabin is just about the best deal I’ve seen. I have long legs. I hate being cramped. But paying for a first class ticket on an international flight would also be needlessly extravagant. So, Norwegian it is. I can fly comfortably to Europe for about $500 one way. If I want a direct flight from the US—and I do—my best bet would be to land in either Rome, Amsterdam, Barcelona, or Madrid. But this isn’t where I was trying to go. I want to go to Budapest and/or Prague. Do I land in Amsterdam and fly out the same day? That sounds painful. Do I land there and fly out the next day? Well, if I’m going to spend a night there, why not at least 2? And if 2, why not 3? So, perhaps I should just skip Prague and just do Amsterdam and Budapest this time? I don’t want to see a million places. I want to go somewhere for a few days and chill.Update: some solutions: Habib Fanny's answer to What problem did you solve?