I have a property in miami fl I rented it out but want to break the lease to sale
All the tenates gave me was a security deposit and first month and has been paying late for the last six months what can I do
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I have a property in miami fl I rented it out but want to break the lease to sale
All the tenates gave me was a security deposit and first month and has been paying late for the last six months what can I do
If they have been consistently paying late, you may have a cause for terminating the lease. Depends on what the lease says. But if they do pay, with late fees, you might have a harder time.
You also don't say how long the lease is for. Obviously they have been there for more than 6 months. If the lease will expire in a couple of months, then that shouldn't be an impediment to a sale.
The lease is for one year it started 8-15-06 through 8-15-2007 they been paying late since and paid no late fees and I want to sale can they take me to court if I saleQuote:
Originally Posted by ScottGem
Hello dade:Quote:
Originally Posted by dade4life
Slow down. It's YOUR house. You can do anything you want with it, within the law. You CAN sell your house while it's rented. Nothing stops you. The new owner won't be buying the house to occupy. He'd be buying it as an investment, just like you did, and he'll inherit your lease. He might even make money at it.
excon
What does the lease say about late payments? Most leases have a provision for late fees. If the lease has such a provision and they haven't been paying it, then you may have grounds for eviction.
But excon is right, having tenants doesn't prevent you from selling the house. It just limits the market that would be interested in it.
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