Early Termination of Lease, New Mexico
Posted on : 11-26-2009 | By : Legal Information | In : Landlord Laws, Real Estate Law, Tenant Law
Tags: Breaking Lease Agrement, New Mexico Lawyer
2
I signed a one year lease on a rental property in Dona Ana County, New Mexico. Two roommates have not upheld their financial obligation, and I can no longer afford to live here. There isn’t any clause in the lease about early termination. What can they legally hold me liable for if there is nothing in the lease to state the consequences of early termination? Thank you for your time!
The consequences are you can be sued for rent for duration of lease or until a new roomate is found. You signed a contract and are bound by it
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You should try to speak with your management about the situation and if your roommates do not uphold their end of the bargain then they are responsible for the rent as well. That being said, the consequences of signing of one year lease is that you are legally obligated to pay rent every month for one year. It doesnt matter that nothing is said about a consequence of early termination because that is not an option!