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Leasing a home is similar to renting a home. You will pay rent to the owner with a contract. However with a lease you are often required to rent the place for at least a certain amount of time. If you move out before then, you may be held liable for the remaining months of your lease.
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Where can I find details of local homes for lease?
My parents have decided to put their house on the market and downsize. They're interested in renting rather than buying so that the can afford to enjoy their retirement. Where can they find lists of homes for lease?
Can HUD break a lease?
They can TERMINATE a lease, if the lessee is in violation of the lease.
How is a lease different from a contract?
A lease is a type of contract.
If a new lease is signed on an apartment after a year is the original cosigner responsible for the new lease?
Not unless he or she signed the new lease.
How do you write a 30 day notice to break a lease?
Release from Your Lease If you have to move before the end of your lease term, you and your landlord must agree to release you from your lease. If you end your lease properly, in accordance with the provisions of your lease, the landlord will remove your name from the lease or will void your lease and would enter into a new lease agreement with the new tenant. This will end your liability for future rent or damages. The landlord will return your security deposit to you, and will collect a new security deposit from the new tenant. This is the safest and clearest arrangement for you.
