It’s perfectly normal to have a fee for breaking a lease. And that’s what an annual subscription paid monthly is anyway. It’s a commitment for an extended period of time.
If you could just stop paying and retain the discounted rate, what is an annual subscription vs a monthly one?
Varies by jurisdiction. Residential leases typically require notice, and inedequate notice (both by time and by method) nullifies the agreement. This is because the legal world generally agrees that contracts that would expose consumers with practically zero legal access or knowledge to one-sided contracts providing one party unilateral control would be unconscionable.
Even if it were technically legal it should distress you.
Because it is not obviously theft. If you are getting a discount for making a year-long commitment, and then cancel, breaking that commitment, isn't a cancelation fee appropriate?
Where’s the theft?
It’s perfectly normal to have a fee for breaking a lease. And that’s what an annual subscription paid monthly is anyway. It’s a commitment for an extended period of time.
If you could just stop paying and retain the discounted rate, what is an annual subscription vs a monthly one?