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Old 03-10-2007, 05:19 PM
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Default WAY O/T - Need some legal help

Posted By: Jim Dale

To me the worst case scenerio would be to sublet it and offer it on the market at a $100/200 a month below your rate - eating the different of course. That would probably end up being less then legal fees. Then of course you might have a subletting agreement with your existing landlord; but usually if you let them approve of "your" tenant they go along.

The other side of the equation is the landlord may have pledged your lease to cover debt - perhaps on the property or some other property. The idea of "letting you out" may put him in a real bind.

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