Is there a penalty for breaking the lease agreement early?

Asked a year ago
Yes, there is a penalty for breaking the lease agreement early with Atlas Properties. We understand that circumstances might change, and tenants may need to terminate their lease before its scheduled end. In such cases, a penalty fee will be imposed. The exact amount of the penalty depends on the remaining duration of the lease and is outlined in the lease agreement. We encourage tenants to communicate their intentions as early as possible to mitigate any potential financial impact. Our team is always available to discuss options and find a mutually beneficial solution if a tenant needs to break their lease agreement early.
Jeff Whelpley is the editor / author responsible for this content.
Answered May 3, 2024

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