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22
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Ricardo Polanco
8
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22
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Termination of a tenant Lease

Ricardo Polanco
Posted

Hi everyone, I bought a property 5 month ago in Pennsylvania, the property came with a tenant paying under market value rent (actual rent: $550, market rent $1200). Besides the low rent she pays she is very demanding, pays late and is not taking good care of the property. The previous owner made a really poor elaborated lease that looks like it is going to end in April 2025. I would like to know if there is a way I can terminate the lease based on the unclear termination date or no termination restrictions indicated? I know she won't cooperate, but I would love to get the property back, renovated and put it back to rent. I am attaching here a picture of the lease, of course keeping in private some information. Thank you.

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423
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145
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Jason Taken
  • Lender
  • Chicago, IL
145
Votes |
423
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Jason Taken
  • Lender
  • Chicago, IL
Replied
Quote from @Ricardo Polanco:

Hi everyone, I bought a property 5 month ago in Pennsylvania, the property came with a tenant paying under market value rent (actual rent: $550, market rent $1200). Besides the low rent she pays she is very demanding, pays late and is not taking good care of the property. The previous owner made a really poor elaborated lease that looks like it is going to end in April 2025. I would like to know if there is a way I can terminate the lease based on the unclear termination date or no termination restrictions indicated? I know she won't cooperate, but I would love to get the property back, renovated and put it back to rent. I am attaching here a picture of the lease, of course keeping in private some information. Thank you.


 Speak to a local atty.

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