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-   -   Lease agreement (https://www.askmehelpdesk.com/showthread.php?t=118130)

  • Aug 9, 2007, 03:13 PM
    EKSMITH
    Lease agreement
    I Have A Tenent That Wants To Break His Lease Early What Do I Do
  • Aug 9, 2007, 03:49 PM
    rockinmommy
    What does your lease say to do?
  • Aug 9, 2007, 05:37 PM
    Fr_Chuck
    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.
  • Aug 14, 2007, 09:06 PM
    nascentnut
    Quote:

    Originally Posted by Fr_Chuck
    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?
  • Aug 15, 2007, 07:03 AM
    rockinmommy
    Quote:

    Originally Posted by nascentnut
    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

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