Is it easy to make a flexible lease to allow tenant to move out?

Is it easy to make a flexible lease to allow tenant to move out?

Member since 2018 · 25 posts · 0 votes

Is it easy to make a flexible lease to allow tenant to move out any time they want? 

Let's say you are the landlord who is renting a room/place. Are you able to write a lease that allows a tenant to move out whenever they want? For example, can you write a 6-month lease but include terms that allow the tenant to move out earlier without penalty? Do you need a lawyer to do this or can you just write it down in easy to understand wording?

I am actually also seeking a place to rent so I am asking these questions as well. 

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Real Estate Professional · West Palm Beach, FL · Member since 2012 · 23k+ posts · 13k+ votes
8y
Just make it month to month.
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  • Investor · Princeton, TX · Member since 2014 · 1k+ posts · 1k+ votes
    8y

    Yes.  It can be done without much of a problem. 

  • Real Estate Professional · West Palm Beach, FL · Member since 2012 · 23k+ posts · 13k+ votes
    8y
    Just make it month to month.
  • Peter StewartBusiness Member
    Real Estate Broker · Indianapolis, IN · Member since 2018 · 160 posts · 168 votes
    8y

    As always, check with your attorney first to make sure you're complying with local laws. Some cities, communities, neighborhoods, etc, don't allow short term rentals (some HOA communities for example).

    With that said, I don't see why it would be a problem. It's your property, and as long as you and the tenant agree to terms in writing (that don't break any laws), then those terms are fine. Write in whatever you want (ie tenant can move out anytime with no penalty with X days notice).

    If you're not comfortable altering or adding lease language for that, like Wayne Brooks said, just do a mo-to-mo or week-to-week lease.

    Curious though, from an owners perspective, why would you want to give the tenant an easy out? That's just more work for you, and will cost you $$ in turnover. I see you're looking to rent, but you said "also" which implies you may own a rental unit as well.

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