adchesney
01-03-2006, 12:27 PM
A friend of mine needs some help and has asked me (great) as I am a IT Contract Manager for a large IT organisation!
I have read the AST contract and it looks like they can not get out of the agreement. However, having spent the last two-hours on this site and now I'm not so sure, I wonder if you could help out.
Essentially the story is:
Moved into property on Sept 2002 joint and several arrangement agreement with 3 tenants and landlord.
The last agreement for the same property (13 pages) has an “initial term” of 12 months from 01 Oct 2005 to 30 Sept 2006.
My friend wants to get out due to economic reasons and the other tenants will also be moving with him.
I can’t see anyway out of this due to signing a new agreement for another 12 months.
Any ideas or advice on this?
Regards
ANDREW
I have read the AST contract and it looks like they can not get out of the agreement. However, having spent the last two-hours on this site and now I'm not so sure, I wonder if you could help out.
Essentially the story is:
Moved into property on Sept 2002 joint and several arrangement agreement with 3 tenants and landlord.
The last agreement for the same property (13 pages) has an “initial term” of 12 months from 01 Oct 2005 to 30 Sept 2006.
My friend wants to get out due to economic reasons and the other tenants will also be moving with him.
I can’t see anyway out of this due to signing a new agreement for another 12 months.
Any ideas or advice on this?
Regards
ANDREW