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If you are a tenant facing financial difficulties and cannot fulfill your tenancy agreement, there are three ways to avoid paying the full duration of rent, losing your deposit, or getting sued. Firstly, you can do an 'ovation innovation,' which involves finding a new tenant to replace your remaining tenancy period with the landlord's consent. Secondly, you can sublet the property to another tenant, but this is not recommended as the landlord may not sign a valid agreement with the new subtenant, leaving you liable for any rent arrears. Lastly, you can negotiate with your landlord to terminate the tenancy agreement early, possibly with a negotiated settlement to avoid legal consequences.
