How long is a typical lease?

How long is a typical lease?

Usually a lease runs for a year, but some landlords choose to go with a longer or shorter term.  There is almost always a way to get out of a lease, but it often involves significant financial penalties.  It is very smart to find out up front exactly what your exit strategy will be, should you need to break your lease.  Life can change on a dime, so it’s a good idea to be prepared.