Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago on .

Account Closed
  • Edmond, OK
1
Votes |
9
Posts

Business Lease Agreement

Account Closed
  • Edmond, OK
Posted

Hi, this is my first year leasing and I have a business lease for two years, however, the tenant just informed me that he would have to break the lease one year early. He is paid up-to-date -- my question is; since he is breaking the lease am I required to give him back his deposit and last month's rent or do I apply the last month's rent for his last month December or still charge him for that month's as well? 

(unfortunately, the contract does not state anything about early termination).