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
Tax, SDIRAs & Cost Segregation
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 almost 3 years ago on . Most recent reply presented by

User Stats

6
Posts
2
Votes
Joshua Fallin
  • Investor
  • Littleton, CO
2
Votes |
6
Posts

Tenant is breaking lease early, what are they responsible for?

Joshua Fallin
  • Investor
  • Littleton, CO
Posted

Hey BP Community,

I own a townhome in Littleton, CO (Jefferson County). My current tenant has bought a home and said she is moving out at the end of this month (September). Her lease is not up until the end of November. Instead of re-renting the property, I’ve decided to sell it. Is the tenant still responsible for the lease until we have closed on the property (or the lease expires, whichever is sooner)? Or is the tenant no longer responsible for the lease upon listing it?

Any guidance here would be greatly appreciated. 

Many thanks,

Josh

Most Popular Reply

User Stats

19,010
Posts
16,562
Votes
Chris Seveney
  • Investor
  • Virginia
16,562
Votes |
19,010
Posts
Chris Seveney
  • Investor
  • Virginia
ModeratorReplied

@Joshua Fallin

Tenant is still responsible but if it were me and they were a good tenant not sure I would penalize them because of the benefit of being able to sell a house in September vs holiday season.

  • Chris Seveney
business profile image
7e investments
5.0 stars
1 Review

Loading replies...