Work out notice and lock in penalty instantly with clear inputs, formula shown and shareable results.
Early exit liability is the greater of two amounts: rent for the unserved part of the notice period, and rent for the remaining lock-in. They are alternatives rather than cumulative in most leases, because the lock-in already compensates the landlord for the void it creates.
Exit liability
Months payable = max(notice period - notice served, lock-in months remaining); amount = months x rent
Preliminary estimate only. Exit liability depends on the specific lease wording; obtain legal advice before serving notice.
Months payable = max(notice period - notice served, lock-in months remaining); amount = months x rent. Early exit liability is the greater of two amounts: rent for the unserved part of the notice period, and rent for the remaining lock-in.
Usually yes, but the lease governs. Landlords often insist on payment in cash and return the deposit separately after dilapidations are settled.
This calculator takes 4 inputs: Monthly rent, Notice period, Lock-in months remaining, Notice actually served. The pre-filled defaults are a realistic worked example — replace them with your own site or project figures.