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Can I escape from a lease term that has not yet begun?
I found out today That I am being terminated from my job. The final day of this month ( March 31st) represents the final day of my one year lease. I did recently sign a new one year lease that is due to begin on the first of April. I have not paid for the first month of the new contract. Contract law states that a contract is an offer, acceptance and mutual consideration. Since I have not paid in part or whole the new lease term is this grounds to nullify the lease based on their not being consideration? I live in Arizona.
2 Answers
- Mr PlacidLv 71 decade agoFavorite Answer
Your "promise" to pay is consideration.
Sorry, you have a contract. You now need to pursue mutual rescission.
- 1 decade ago
You can tell them your situation and if they can rent the apartment and not loose any money they may let you out of it with a fee...
But most of the time...There is nothing you can do.
Most leases say even if you die, it goes to someone in your family to pay off. Its like signing your life away