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I was not the smartest business. I redid inprovemnets about 20,000 of business with the intention of buying it. I had to go, because I ran out of money. What can break conciquences be 4 mounths lease early?

1 Thought on Breaking a commercial lease?
  1. Reply
    Sarah Beth
    January 5, 2013 at 12:28 pm

    I am a lease consultant for a property management company. You may have several different penalties. 1. You could be foced to pay the remainder of you lease in installments and the debt will be placed on you credit until paid. 2. You may pay a lease termination fee (usually a percentage of the remainder of the lease.) 3. You may be able to sublet the lease.

    My advice would be to read the lease agreement as well as any other documents or addendums you signed. Chances are the options are listed clearly. If you need help, you are welcome to e-mail me and I may be able to show you some loopholes or something.

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