How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask INFOLAWYER Your Own Question
Category: Business Law
Satisfied Customers: 54240
Type Your Business Law Question Here...
INFOLAWYER is online now
A new question is answered every 9 seconds

How can I terminate a 5 year lease for media hardware and software

Resolved Question:

How can I terminate a 5 year lease for media hardware and software that began about a year and a half ago without filing for bankruptcy? It is $310 a month, for Brican MediaDoc (a Canadian company) slideshows and a 32 in TV, computer and monitor. The lease terms state that I cannot sell or sublease, and they charged me personal property tax of $250 last year. If in default, they may or may not reposess and will expect to collect the default amount. Am I stuck, or is there a way out?
Submitted: 6 years ago.
Category: Business Law
Expert:  INFOLAWYER replied 6 years ago.
You can only cancel if the lease permits, the other side consents or they breached the agreement giving you right to cancel by going to court.
INFOLAWYER and 5 other Business Law Specialists are ready to help you

Related Business Law Questions