V
vinvon
Guest
A tenant signed a 12 month lease in April and for personal reasons wants to terminate now. He has been onto Threshold and they have told him he can terminate as long as he gives 28 days notice.
Residential Tenancies Act 2004, it is legally admissable for a renter to exit a lease prematurely:
http://www.threshold.ie/page.asp?menu=70&page=239
6. Can the tenant leave before the end of the lease?
If a tenant wants to leave before the end of the lease (and there is no break clause), the tenant needs to:
* Find someone else to replace the existing tenant in the lease;
* Write to the landlord, requesting permission to assign the lease to this new person.
If the landlord refuses consent, the tenant can give the landlord notice of termination and leave. The notice period is calculated by how long the tenant has lived there.
My question - is this true and then what real protection does a landlord have against this thing happening?
Without doubt I am going to be down at least one month's rent.
Am I missing something?
Residential Tenancies Act 2004, it is legally admissable for a renter to exit a lease prematurely:
http://www.threshold.ie/page.asp?menu=70&page=239
6. Can the tenant leave before the end of the lease?
If a tenant wants to leave before the end of the lease (and there is no break clause), the tenant needs to:
* Find someone else to replace the existing tenant in the lease;
* Write to the landlord, requesting permission to assign the lease to this new person.
If the landlord refuses consent, the tenant can give the landlord notice of termination and leave. The notice period is calculated by how long the tenant has lived there.
My question - is this true and then what real protection does a landlord have against this thing happening?
Without doubt I am going to be down at least one month's rent.
Am I missing something?