Lances numbers are correct and the advice of talking to the landlord is good. Just to add a suggstion. If rents are falling and the owner doesn't want you to kleave see if you can help him by finding a tenant for him. Next if you are not getting a favorable response see an attorney to have them review the document.
Hello. This is something you will want to broach with your current landlord. They may be agreeable to terminating the lease early and then again they may not. More than likely the landlord will want a reason for the early termination.
I hope this helps!
Alain Pinel Realtor
Technically speaking, when you sign a lease you are agreeing to pay for the entire combined amount for the year. For example, if your rent is $2000 per month and you sign a year lease you are agreeing to pay the landlord $24,000.
In a market where rentals are in high demand your landlord might be happy to have you leave early so they could jack up the rent, but that is not the current situation. I would suggest that you contact your landlord and let him/her know what you'd like to do, see if they will accept a replacement tenant or a sublet for the remainder and go from there.
Lance King/Managing Broker
You should talk with your landlord about your plans, who knows, maybe they already have someone who has called that is looking for a place.