Most residential leases have lease breaking clauses. Many residential leases unlike commercial leases will not allow sub-leasing unless specifically outlined. The first thing that needs to be done is to review the lease contract and since this is technically a legal question it may be wise to run it by an attorney before taking any action.
It is surprising that the owner allowed a 5 year lease since he/she can not make unilateral adjustments to the terms during the 5 year period. Ask yourself if the 5 year period benefits the tenant or the owner. With rents on the rise for the foreseeable future the owner may be agreeable to terminate the lease in hopes of finding a tenant that will pay more for the property on a monthly basis.
Renters have rights as do landlords. You will want to consult with an attorney that specializes in real estate and specifically with renters. Lawyers specialize in particular types of law. No two Lawyers are alike. Do your research and interview several Lawyers before you decide to hire one. It is worth your time and money to do your due diligence.
Todd Adams, Broker
Keller Williams Realty Professionals
Corken, you need the advice of an attorney. Email me and I can give you a name and number. This is a small price to pay if they can get you out of the lease. Good luck.
Tom Inglesby, Broker
RE/MAX Equity Group
That will all depend on how the lease was written - if any one rights under it have been violated and so on and so forth. There are so many variations that you really will need to seek the help of an attorney to tell you - which I assume, you had one look at it prior to signing.