Moving overseas…Getting out of a lease?

Looks like we’re moving overseas for a job but have a leased vehicle. Is there a way to get out of the lease by returning the automobile and giving them a signed copy of a offer letter to the leasing company?

thanks

all recommendations are welcome

This new law can be found in Volume 117 of Statutes at Massive, beginning on page 2835.

This law is a complete revision of the Soldiers’ and Sailors’ Civil Relief Act (SSCRA), with some major improvements, one of which is directly applicable to your situation.

Section 305 of the SCRA is entitled “Termination of Residential or Motor Car Leases.” Section 305(a)(1) provides: “The lessee on a lease described in subsection (b) might, at the lessee’s option, terminate the lease at any time after … the lessee’s entry into military service.”

The right to terminate a lease applies to several categories of leases, one of which is as follows: “A lease of a motor automobile used, or intended to be used, by a servicemember or a servicemember’s dependents for personal or business transportation if … the lease is executed by or on behalf of a person who thereafter and during the term of the lease enters into military service under a call or order specifying a period of not less than 180 days (or who enters military service under a call or order specifying a period of 180 days or less and who, without a break in service, receives orders extending the period of military service to a period of not less than 180 days).” There are also several other categories of leases to which the right to terminate applies.