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1 year contract with a 6 month break clause

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  • 12-02-2010 2:59pm
    #1
    leandro
    Registered Users Posts: 34 ✭


    What exactly does that mean?

    Googling around I found out that usually means that I have to stay for a minimum 6 months and after this period I can break the contract whenever I want.

    Let's say I stay 8 months, on the 7th month I hand my notice to the landlord and there should be no financial penalties for me, is that it?
    Tagged:


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    #2
    D3PO
    Registered Users Posts: 7,879 ✭✭✭D3PO


    leandro wrote: »
    What exactly does that mean?

    Googling around I found out that usually means that I have to stay for a minimum 6 months and after this period I can break the contract whenever I want.

    Let's say I stay 8 months, on the 7th month I hand my notice to the landlord and there should be no financial penalties for me, is that it?

    CORRECT :)


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    #3
    Victor
    Registered Users Posts: 78,262 ✭✭✭✭Victor


    You will need to check the wording. Potentially what they are saying is they won't entertain a rent revision within the year, but are happy for you to leave after 6 months.


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    #4
    leandro
    Registered Users Posts: 34 ✭leandro


    Hmmm. What is written is:

    "
    FIXED TERM: 12-Month Contract, 364 days... (6 month break clause)

    MARKET RENT REVIEW: Effective Annually From The Commencement Date
    "
    By the way, Thanks :D


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