cancel lease agreement

  • How To Pay Rent When You Cant web

    There are solutions!

    Commercial and Residential Lease Agreements: Cancellations:

    We currently find ourselves in really tough and challenging economic and financial times in South Africa.

    This situation will continue for the foreseeable future and one has to box clever.

    Business owners and entrepreneurs in retail leased spaces are finding it more and more difficult to meet their financial obligations and to service their overheads.

  • break lease agreement

    You can not just pack up and move out.

    The termination or cancellation of a commercial lease agreement/s is always a legal conundrum.

    One of the matters that we specialise in is Consumer law and also in lease agreement cancellations and terminations.

    It is a contract and must be dealt with correctly and legally if you want to cancel it or terminate it prematurely ie before its expiry date.

    You cannot just cancel a lease agreement.

    If you breach the lease and simply vacate and abandon the premises the High Court can grant the landlord an order for specific performance.

    This can mean that the court orders you to return to the premises and pay the rental for the balance of the lease period. Alternatively, it can allow the landlord the right to cancel the lease because of your breach and grant an order for damages in favour of the landlord being equivalent to the rent due for the balance of the period.

  •  Lease agreement cancellation web

    Let me comment in general terms. You cannot just cancel a lease agreement.

    The Termination of Commercial and Residential Lease Agreements:

    A summary:

    The termination or cancellation of a commercial lease agreement/s is always a legal conundrum.

    One of the matters that we specialise in at The Legal Advice Office is Consumer Law and one of the two topics that we concentrate on is lease agreement cancellations and early terminations.

    We deal with both residential leases and commercial lease cancellations.

    We get many enquiries from tenants who are under considerable financial pressure in these tough economic times who seek our advice and assistance regarding their leases.

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South Africa

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Phone: +27 (028) 316 2458
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