Would I be able to get out of the lease?
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Would I be able to get out of the lease?
If my employment is the only reason the co-signer and i are approved and I loose my job while on the lease. Would I be able to get off the lease?
Asked on May 28, 2009 under Real Estate Law, Ohio
Answers:
J.M.A., Member in Good Standing of the Connecticut Bar / FreeAdvice Contributing Attorney
Answered 14 years ago | Contributor
A lease in a contact that you are obligated to pay regardless of your job situation or the reasons that the landlord approved of you to sign the contract in the very beginning. I would have to see the lease to determine whether there is a cancellation clause that woudl get you out of it. However, generally you are locked in and cannot get out of the lease. You and the co-signor are liable on the lease. I suggest hiring a lawyer if you are sued for non-payment to try to negoitate a settlement that is good enough to make the landlord want to avoid a lawsuit.
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