abomb577
all messages by user
8/29/2014
Topic:
Penalties for Breaking a Lease
abomb577
|
I am currently in a 1-yr lease for an apartment unit in Toronto. Because of a need to relocate, I am interested in breaking the lease early and leaving before the year has expired. I asked the landlord if we could come to an agreement and he has given me my options. He said we can (1) assign or sublet the unit to another tenant or (2) leave within 60 days with a written notice.
He has noted that if I choose to leave after 60 days that we will lose our last months rent + the safety deposit of $200. Is this legal?
He has also said that if he cannot find a new tenant, then we are still responsible for the rent until they do so? Is this true?
Please let me know. Many thanks, Adrian. |