Early Termination of Lease Agreement in Nevada: What You Need to Know
Whether you are a landlord or a tenant, early termination of lease agreement is a situation that can arise unexpectedly. In the state of Nevada, there are certain rules and regulations that govern the termination of a lease agreement before its specified end date. In this article, we will discuss everything you need to know about early termination of lease agreement in Nevada.
Landlord`s Right to Terminate the Lease Agreement Early
As a landlord in Nevada, you have the right to terminate a lease agreement early if one or more of the following conditions are met:
1. Non-payment of Rent: If the tenant fails to pay rent, the landlord can issue a notice demanding payment within 5 days. If the tenant fails to pay within the stipulated timeframe, the landlord can then terminate the lease agreement.
2. Violation of Lease Terms: If the tenant violates any of the lease terms, such as subletting without permission or keeping pets in violation of the agreement, the landlord can terminate the lease agreement.
3. Illegal Activities: If the tenant is involved in any illegal activities on the property, the landlord can terminate the lease agreement.
Tenant`s Right to Terminate the Lease Agreement Early
As a tenant in Nevada, you have the right to terminate a lease agreement early if one or more of the following conditions are met:
1. Military Deployment: If you are a member of the military and are called to active duty for a period of at least 90 days, you have the right to terminate the lease agreement.
2. Unsafe Living Conditions: If the landlord fails to provide safe and habitable living conditions, you have the right to terminate the lease agreement.
3. Harassment by the Landlord: If the landlord harasses you or violates your privacy rights, you have the right to terminate the lease agreement.
Steps to Terminate the Lease Agreement Early
If you are a landlord or a tenant looking to terminate the lease agreement early, there are certain steps you need to follow.
For Landlords:
1. Issue a written notice specifying the reason for termination to the tenant.
2. Wait for the stipulated timeframe mentioned in the notice before proceeding with the termination.
3. File an eviction lawsuit in court if the tenant refuses to vacate the property.
For Tenants:
1. Issue a written notice specifying the reason for termination to the landlord.
2. Wait for the stipulated timeframe mentioned in the notice before vacating the property.
3. Document the condition of the property and return the keys to the landlord.
Conclusion
Early termination of lease agreement in Nevada can be a complex and sensitive issue. As a landlord or a tenant, it is important to understand your rights and responsibilities to ensure a smooth termination process. If you have any doubts or questions, it is always best to seek legal advice to avoid any legal complications.