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Debra, Lawyer
Category: Canada Law
Satisfied Customers: 100934
Experience:  Lawyer
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I have a contract place to rent however, I would like to opt

Customer Question

Good day,
I have a contract for a place to rent for business however, I would like to opt out of this. I have not taken possession as yet and the proposed date is January 2016.
I live in saskatchewan, Canada.
What are the clauses of getting out of this contract?
Thank you
Submitted: 1 year ago.
Category: Canada Law
Expert:  Debra replied 1 year ago.

I am not sure what you mean when you ask what are the clauses.... but essentially if this is a fixed term lease then you cannot get out of it as it is a binding contract.

The landlord can sue you for the rent for the full term of the contract.

At the same time the landlord has a duty to mitigate damages and that means the landlord must take all reasonable steps to find a new tenant and if the landlord is able to do so then when that happens you will then be off the hook and will only be liable for the losses, if any, that the landlord suffered.

I am sorry this is not the answer you were hoping to hear.