Getting out of a Lease

As the needs of your business change, you may wish to get out of the lease on your premises. This is seldom easy. A lease is a legal contract, and your landlord can take you to court if you break it. But depending on the detailed circumstances, your landlord may be prepared to negotiate a compromise.

This briefing will help you decide if it is worth trying to get out of your lease, and provides you with key negotiating points if you go ahead.

It covers:

• The key terms in your lease.
• The two ways to get out of a lease - termination or assignment.
• Your third option - sub-letting.
• The costs involved.