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Home Business Advice General Advice Getting out of a Lease
Thursday, 28 August 2008
Getting out of a Lease -
Article Index
Getting out of a Lease
Why Go?
Your Basic Choices
Your Lease
Terminating the Lease
Assigning the Lease
Sub-letting Your Premises
Finding a Tenant
Market Conditions
Your Negotiating Position
Avoiding Disputes
What Will It Cost?

Getting out of a Lease

11. What Will It Cost?

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The costs incurred in getting out of your lease may make your annual rent look cheap by comparison.

Be realistic about the price you will have to pay.

11.1 Do not ignore the cost of the professional advisers involved, on both sides.

  • Note that the bills for your landlord's advisers will usually be paid by you.
  • The cost of finding a new tenant may be hard to estimate in advance.

11.2 What is the extent of your liability under the lease for dilapidation charges?

11.3 How much is finding new premises and relocating going to cost you?

BHP Infosolutions

 
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