I’m in a bit of a predicament and I need some input, please. I realize that even if you are a lawyer, your advice is simply your opinion, not something that would stand in court.
I signed a year lease in July and I want to get out of it. I’m a massage therapist renting space in a co-op type place. I’m not making any money. In fact, I’ve lost $1200 so far. I’d like to terminate my lease, but I don’t know if/how to do it legally. I’m meeting with the owner tomorrow (Wednesday).
The contract stated only that I would pay $X/monthly for 12 months between period A and period B. A security deposit wasn’t required.
I know that if I couldn’t pay rent on my apartment, I would forfeit my security deposit and that would be the end of it. Would this type of agreement work the same way?
I’m kind of desperate because the owner’s spouse is a lawyer, and I really don’t know what I’m up against. Thank you for all of your help!