Updated about 8 years ago on . Most recent reply
Tenant Breaking Lease Question
I have a tenant who is breaking a lease three months early, however they plan to pay the remaining amount of the lease. In Michigan if the tenant breaks the lease they are only responsible for the lost rent until you find a new tenant for the property.
I have been tossing around the idea of selling this property. My question is, what if you don't plan to re-rent the property but rather sell it? Does the same logic/law apply?