Permit termination of lease upon loss of income of tenant

Summary

The bill gives a residential tenant the right to terminate a lease before its end date when they lose or have reduced income that makes rent unaffordable. To do so, the tenant must provide written notice at least 14 days in advance along with a qualifying document showing the loss of income. The tenant remains responsible for any rent owed before the termination date, and landlords cannot require a longer notice period.

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