Tenants divorcing - any advice would be appreciated
I have a SFR I rent out in Los Angeles, CA. The lease is from May 2015-May 2018.
On the lease are wife, husband, and co-signer (friend of husband). The lease is setup so that each can be held individually responsible.
Wife and husband use as primary residence, co-signed lives elsewhere.
Husband and wife are divorcing.
Wife is refusing to pay any portion of rent, so husband is paying 100%.
Husband and co-signer are pleading for help to dissolve the lease so that husband doesn't have to pay 100% of rent anymore, and he can vacate the premises without any court involvement.
Wife is refusing to cooperate and doesn't really want to move.
Any ideas or feedback would be appreciated.
Thank you.
Most Popular Reply
Nothing to do at this point as they are current. I would remind each party that they are each 100% responsible for payment under the terms of the agreement and you expect a timely payment. Then I would stay out of it as it is up to them to figure it out
Someone indicated that you could let one party out of the lease. Keep in mind that you can not due this without the agreement of all parties. All parties have to agree to modify a contract