Be careful to stay on top of your payments for your building lease as you definitely don’t want to be found in breach of lease. breaking a lease can have serious consequences and will make it very difficult to secure a building for lease later on down the road. Take charge of our finances today…
If you’re in breach of lease your landlord can fine you and in the worst case scenario will begin an eviction procedure. An eviction will damage your credit and thus make it hard to get a home loan or other types of loans. Keep control of your finances so you don’t make life more difficult for yourself later…
If you’re found to be in breach of lease your landlord can levy a fine and in some cases will begin an eviction procedure. This will adversely affect your credit and could make it difficult to get a home loan later on. Always take care when leasing to not make life more difficult for yourself later on. CM