What is the real penalty if I leave at the end of my lease term but did not give the full 60 days notice it says in the agreement?
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What is the real penalty if I leave at the end of my lease term but did not give the full 60 days notice it says in the agreement?
I gave 23 days.
Asked on May 13, 2012 under Real Estate Law, North Carolina
Answers:
S.L,. Member, California Bar / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
You would remain liable for the rent for an additional thirty seven days which would be the balance of the required sixty day notice period. Since thirty seven days is more than a month, the final seven days of the notice period would be prorated for the month
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