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EKSMITH
Aug 9, 2007, 03:13 PM
I Have A Tenent That Wants To Break His Lease Early What Do I Do

rockinmommy
Aug 9, 2007, 03:49 PM
What does your lease say to do?

Fr_Chuck
Aug 9, 2007, 05:37 PM
Well if you want to let him, you can say OK

If you don't want to let him, you merely say I am sorry you are obligated to the terms of the lease.
If they break it anyway, you sue them in court for all of the money lost.

nascentnut
Aug 14, 2007, 09:06 PM
Well if you want to let him, you can say OK

If you don't want to let him, you merely say I am sorry you are obligated to the terms of the lease.
If they break it anyway, you sue them in court for all of the money lost.what if the tenant or landlord finds another tenant? What money is lost?

rockinmommy
Aug 15, 2007, 07:03 AM
what if the tenant or landlord finds another tenant? what money is lost?

This would definitely minimize the loss, but there's still the screening process, the process of getting the orig. tenant moved out and the new one in, advertising, any open days, etc. A lot of it would be the value of the landlord's time. Personally, that's why I do year leases. To turn around tenants more often than that is too big of an expense.

Karla