Tenant Wants to Break Lease
Hi everyone! My tenant essentially gave me a two week notice that they plan to break our lease. They are moving for their job, acknowledged they are not giving me much notice, and asked if there’s an opportunity for them to cut the lease short. They were very understanding that I have the right to enforce payment of the outstanding rent (8 months). I don’t want to be a jerk and make them pay everything that they owe, but I don’t want to be a pushover either
I’ve been given the advice that they should pay the rent until I can get another tenant in their place. The issue with that is I don’t currently have the time to place another tenant. I’ve strategically aligned my leases to expire when my life is less busy and I am in the thick of it for the next several months. I’d greatly appreciate any additional advice or recommendations on the situation. Thank you!
Most Popular Reply
You have a legal obligation (Called "duty to mitigate damages") to try to find a new tenant, no matter how busy you are. You cannot just collect for the next 8 months from the tenant who is leaving. You don't have to lower your standards, but you do have to actively advertise and show the property.