Allows tenants to terminate leases if they lose income, with proper notice and documentation.
This bill allows residential tenants to terminate their lease early if they experience a loss or reduction in income, provided they give at least 14 days' written notice and submit a qualifying document. The qualifying document can be employer documentation of income loss, documentation from another income source, or a tenant statement if other documentation is unavailable. The tenant remains liable for rent and other sums owed before the termination date. The bill defines "income" as salary, wages, tips, commissions, and professional fees.
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