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Halden Street lease: exit terms

3 files · Leases
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Started in the Leases collection, Nov 7 at 2:10 PM
  • halden-lease-2023.pdf2.1 MB
  • amendment-2.pdf340 KB
When can we leave the Halden Street lease, and what would leaving cost us?
WicklineWick Deep
  • Input
    { "query": "break clause OR early termination OR break date", "files": 3 }
    Output
    41 passages; best: halden-lease-2023.pdf p. 14 (14.2), p. 15 (14.3), amendment-2.pdf p. 2
  • Output
    4 pages, 2,310 words, 0 low-confidence passages

You can leave on June 30, 2027. That's the break date in clause 14.2, and it's the only one left in the term 1.

  • Notice: six months in writing, so it has to reach the landlord by December 31, 2026 2.
  • Cost: the second amendment replaced the original fee with three months' base rent, which is $41,250 at today's rate 3.
DateWhat happens
Dec 31, 2026Last day for the notice to arrive
Jun 30, 2027Break date: keys back, fee paid
3 sources
  1. 1
    halden-lease-2023.pdfp. 14, clause 14.2
    The Tenant may end this Lease on 30 June 2027 (the Break Date) by notice under clause 14.3.
  2. 2
    halden-lease-2023.pdfp. 15, clause 14.3
    Notice must be given in writing not less than six months before the Break Date.
  3. 3
    amendment-2.pdfp. 2, para 4
    The break payment is replaced with a sum equal to three months' Base Rent.
Wick Deep · 3 questions
Draft the notice letter to the landlord.
WicklineWick Deep

Here's a draft addressed to Ms. Varga at the landlord's notice address in clause 22. I kept the wording close to clause 14.3 and marked the fee sentence, which I changed after your last edit.

Switched to Wick Fast at 2:30 PM
  • rent-schedule.xlsx88 KB
  • scan-0042.heicCan't read
Check the rent schedule and the scanned side letter too. Does the fee change by June 2027?
WicklineWick Fast
  • Output
    Row 7: Jul 2026 to Jun 2027, base rent 13,750.00 a month

  • HEIC photos aren't supported yet. Export the page as PDF or JPEG and attach it again.

The fee doesn't change before the break date. The schedule fixes base rent at $13,750 a month from July 2026 to June 2027, so three months comes to $41,250 4. I couldn't read the side letter, so I can't tell you whether it changes the fee.

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Find every other lease in the collection with a break date in 2027.
WicklineReading 31 of 48 leases
  • Input
    { "query": "break date 2027", "collection": "leases", "files": 48 }

So far, three other leases have a break date in 2027: Marlow Road in March, Unit 4B at Wijnhaven in

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