3 ms·
Don't those leases have stipulations that are like "upon eviction the whole lease becomes due"?
by WirelessGigabit 3y ago
Don't those leases have stipulations that are like "upon eviction the whole lease becomes due"?
- portpecos 3y agoI hope not. When I was forced to leave my place, I couldn't even manage to pay the electricity bill. It'd simply be impossible for me to afford such a hefty sum + compound interest + late penalty fees, if the Landlord pursued me in a manner that led to my future wages being garnished to cover all that. I resided there for four years and consistently paid on time, but by the fifth year, I simply couldn't meet all the financial obligations. I sincerely wish the Justice system would show more leniency instead of demanding that I repay the entire lease upon eviction.
- silverbax88 3y agoResidential leases and commercial leases are wildly different. Residential leases are fairly boilerplate but commericial leases are bespoke and negotiated.