Can you terminate a lease after signing the agreement?

Can you terminate a lease after signing the agreement?

Specialist · Vancouver, BC · Member since 2016 · 3 posts · 0 votes

One of my buddies signed a leasing agreement with the multi-family property management and the occupancy is dated in 7 months. Understanding that the agreement has been signed, the property manager terminated the leasing agreement due to the fact that the occupancy has been overloaded, instead, offered two property alternatives. I spoke to multiple tenants that are in the same situation.

Are there any loopholes or opportunities to work around the situation for the property managers? If not, is it reasonable to speak to real estate lawyers to find a solution?

0Reply
17 views

1 Reply

Jump to latestLatest
  • Nathan GesnerBusiness Member
    Moderator
    Real Estate Broker · Cody, WY · Member since 2010 · 28k+ posts · 41k+ votes
    7y

    I'm trying to understand. They signed a lease that doesn't start for seven months?

    The DIY Landlord Book4.7247 Reviews
Join the conversationCreate a free account to reply, vote on answers and follow this thread.