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Leasing Terms - Tenancy Agreement

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Hello fellow retail entrepreneurs I am now into my 3rd month of my 6 month lease agreement for the rental ...


 
 
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Old 03-02-2009, 03:21 PM   #1
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Post Leasing Terms - Tenancy Agreement

Hello fellow retail entrepreneurs

I am now into my 3rd month of my 6 month lease agreement for the rental of a kiosk space in a major shopping mall.

Business is %$&#% and I wanted to terminate my contract earlier but I was told to either:

1) find another vendor to to replace me;
2) pay up the balance (siao!)

It was not stated in the contract that I need to pay up the balance and neither was there any mention of having to find a replacement.

In fact, there wasn't any mention of the terms that I can terminate the agreement.

What is your experience with this kind of thing?

Any help deeply appreciated....

Thanks!


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