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Updated over 2 years ago on . Most recent reply

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Alix Cassagnol
  • Investor
  • New York
3
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13
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Cash for keys agreement

Alix Cassagnol
  • Investor
  • New York
Posted

I ha ve a retail tenant that wants to leave 4 months into her 3 yr lease. I agreed to terminate her lease and return her prorated amount of her security deposit. Considering she has not paid for 7 weeks. Can I draw up an agreement to have her sign or do you think I shld have a lawyer draw up an agreement?

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Chris Seveney
  • Investor
  • Virginia
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Chris Seveney
  • Investor
  • Virginia
ModeratorReplied

@Alix Cassagnol

Depending on how confident you are you could draw this up as an early lease termination with the fee they are paying (lower deposit return)

  • Chris Seveney
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7e investments
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