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Broken Lease

Broken Lease Contract

   
Chain Representing Broken Lease

Broken Lease: A broken lease is a term used to describe a lease contract where the tenant has failed to comply with the terms of the lease. Usually, the tenant has failed to pay the rent due under the lease and moved out on his or her own volition.

Failure to comply with a lease contract or abandonment of an apartment (broken lease) usually gets reported on the former tenant's credit report. A broken lease severely limits the ability of the former tenant to lease another apartment.

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