In the process of renting, you will sometimes be forced to cancel your house lease contract before a deadline for a variety of reasons. To help you (tenants) avoid the hassles of early termination, Vietnamrealestate offers four questions below.
Which cases are allowed to cancel the contract without compensating the contract?
In the event the landlord gives you permission or a fault by them, your early termination or removal will not be breached. For example, if the landlord did not perform what they stated in the lease, in this situation you have no choice but to return home and leave. However, you need to prove that the problem you are having at this rental home is genuine and that the landlord is certainly violating the terms of your tenancy agreement.
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If the landlord has completed the contract, can you still cancel the contract early?
In cases where the landlord is acting up to his or her responsibility and you decide to cancel the contract early, you are likely to breach the contract unless your early cancellation is authorized by the landlord. In order to avoid possible troubles, you should talk to your landlord before making a rational decision. You will probably get a chance to leave without the contract if you find a replacement for yourself to pay the rest of the lease.
Make sure your agreements with the landlord are recorded and that the terms are authentic, without any misunderstandings.
What can you do if the landlord refuses to negotiate?
Through the Consumer Protection Act (CPA), you (as a tenant) will be allowed to leave after notifying the landlord within 20 days. However, this provision does not guarantee that you can leave easily.
You need to know that homeowners who are in compliance with the contract have the right to demand compensation from you for the period of time you were looking for a new tenant. Losing your income, commissions paid to brokers, as well as rental advertising, is only part of the cost you will have to pay the homeowner in this situation.
Be very careful when canceling a tenancy agreement ahead of time
However, homeowners are not allowed to make other costs themselves because they think they deserve it. It is also illegal for landlords to keep your deposit, even if no new tenants are found.
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Remember: If you find a replacement, the landlord can not refuse to ask for a fine for canceling the contract early. If this happens, you can file a lawsuit against your landlord.
Contract expires a month ago, do I need to notify the landlord before leaving?
This situation depends on your lease. If there is a new priority clause after the contract expires, you must notify the landlord before leaving.
If there is no renewal clause, you need to check the cancellation clause in the contract.
If your contract does not contain a renewal clause and termination clause, you must notify the landlord within one month, in writing, before the contract expires.
You are reading the article 4 Questions You Need To Know When Canceling A House Lease Contract Before The Deadline in the Real Estate category at https://realestatevietnam.com.vn/.
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