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
General Landlording & Rental Properties
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 about 9 years ago on . Most recent reply

User Stats

29
Posts
2
Votes
Gurpal Cheema
  • Investor
  • Hasbrouck Heights, NJ
2
Votes |
29
Posts

Tenants Divorcing - Need advice

Gurpal Cheema
  • Investor
  • Hasbrouck Heights, NJ
Posted

Hi BP,

I have a young couple living in my condo her in New Jersey for almost 3 years now. Over the weekend I received a call from the husband saying his wife has done some illegal activity (not inside the condo) and she was arrested for this. He has filed a divorce and she doesn't live in the condo anymore. He wants her name taken out of the lease and wants to sign a new lease for the remaning period which is until January 2017. 

What are my options? Can I just change the lease to his name? What about the security deposit I received from both of them? Do I need to get in touch with her?

Any advice would be helpful.

Thank you

Most Popular Reply

User Stats

13,926
Posts
12,730
Votes
Replied

Do nothing aside from advising him that the lease will remain the same until it ends. The wife has the right to remain on the lease and you still hold both of them responsible for the total rent.  You continue to keep the security deposit until the husband vacates.

Loading replies...