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An early termination charge may be levied if you decide to end a lease prematurely. True or false?

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User Sunder R
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1 Answer

5 votes

Final answer:

An early termination charge may be levied if you decide to end a lease prematurely.

Step-by-step explanation:

True. An early termination charge may be levied if you decide to end a lease prematurely. This means that if you break your lease before the agreed-upon termination date, you may be required to pay a fee to compensate the landlord for the loss of rental income. The charge is typically outlined in the lease agreement, and it is meant to protect the landlord from financial loss.

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User Evan Conrad
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