Kentucky Agreement to Terminate Lease Agreement by Mutual Consent upon Termination of Lessee's Business
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FAQ
Notice for Termination With Cause. To evict a tenant in Kentucky, the landlord must first have legal cause (a good reason recognized by law). The most common reasons for eviction are the tenant's failure to pay rent or the tenant's violation of the lease or rental agreement.
Valid Reasons for Terminating a Lease and Evicting a Tenant In general, most states allow a landlord to terminate a lease or rental agreement if the tenant: Fails to pay rent; Violates a clause in the lease or rental agreement; Violates a responsibility imposed by law.
You might be able to end your joint tenancy agreement straight away and get a new one just in your name. Your ex-partner and your landlord will need to agree to this change. This is called 'surrendering your tenancy'. Before you ask your landlord to end your tenancy agreement, check if they'll agree to the change.
The tenancy can be terminated early by mutual agreement so long as both parties agree. When this happens the parties will both surrender the tenancy, and once surrendered all obligations and rights under the tenancy come to an end. Surrender is the most common method for the termination of modern residential tenancies.
If the lease is a month to month lease as contemplated in the Rental Housing Act, then it can only be terminated by either party by providing one full calendar month's written notice.
In Kentucky, landlords must give at least two days' notice prior to entering a tenant's property. While Kentucky specifies how much time notice must be given, there is no specification on which hours landlords are able to enter a property.
A landlord can't force you to move out before the lease ends, unless you fail to pay the rent or violate another significant term, such as repeatedly throwing large and noisy parties. In these cases, landlords in Kentucky must follow specific procedures to end the tenancy.
In the absence of a break clause, offer your landlord a deal based on the current market conditions to surrender your lease. The landlord is under no obligation to agree to any proposal you make and, if the landlord realises you are desperate to move, you may end up paying a premium to leave.
In Kentucky, whenever an agreed upon amount of rent is exchanged for inhabiting a property, even without a written lease, a landlord-tenant agreement exists. Pursuant to Kentucky law, (KRS Chapter 383) tenants have rights, including the right to a habitable living and the right to pursue forms of alternate action.
A joint tenancy does not end when one joint tenant moves out of the property. If at least one of the joint tenants continues to live in the property as their only or principal home, the tenancy continues. The departing tenant can still be pursued for future rent arrears or costs due under the agreement.
