A lease agreement is a legally binding contract between a landlord and a tenant, outlining the terms and conditions of a property rental. A breach of a lease agreement occurs when either party fails to fulfill their obligations under the terms of the lease. A breach of lease agreement is a serious issue that can result in legal action and financial penalties.
When a tenant breaches the lease agreement, it can come in many forms such as not paying rent, allowing unauthorized guests to live in the premises or damaging the property beyond normal wear and tear. On the other hand, a landlord can breach the agreement by not providing essential services like electricity, water or gas, failing to make repairs, or entering the property without the tenant`s permission.
If a tenant breaches the lease agreement, the landlord must first give a written notice informing the tenant of the breach and providing a reasonable time to correct it. If the tenant fails to rectify the issue, the landlord can file a lawsuit in a court of law to evict the tenant and recover any damages caused.
As for landlords who breach the agreement, tenants can send a notice of default informing the landlord of the breach and providing a reasonable time to correct the issue. If the landlord still fails to fulfill their obligation, the tenant can file a lawsuit against the landlord for breach of contract.
In conclusion, a lease agreement is a legal contract, and both parties must fulfill their obligations under its terms. If either party breaches the agreement, it can lead to legal action and financial penalties. Tenants and landlords should be aware of their contractual obligations and act promptly to resolve any breaches as they arise to avoid costly disputes.