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 over 12 years ago on . Most recent reply

User Stats

1,452
Posts
462
Votes
Sam Leon
  • Investor
  • Fort Lauderdale, FL
462
Votes |
1,452
Posts

Lease Termination

Sam Leon
  • Investor
  • Fort Lauderdale, FL
Posted

I am having a real hard time dealing with a tenant.

I hired a RE agent to rent out my SFH, paid one month rent to advertise and find the tenant. I didn't want to initially but negotiated the rent down from $1800 to $1700 a month after tenant agreed to shoulder the cost of irrigation of the lawn. Written into the lease is tenant will pay for sprinkler irrigation once a week.

Soon after the tenant complained that the water bill is too high. Due to my calculations he is paying an extra $60 a month for the irrigation the most, and being in South Florida there is hardly a need for watering in the summer. I set the sprinkler to water once a week, 4 zones, 15 minutes each. He complained it's more than he was willing to pay. I also pay $80 a month for lawn maintenance. I then found out when I went to pick up mail he had the sprinkler turned off now for over a month, grass is dry and made a cracking noise when I walked on them. Lawn is half brown. New plants I put in back in October all wilted due to lack of water. Broken window for over 2 months that he hasn't repaired. He broke it and I gave him the benefit of the doubt that he would fix it, he hasn't. Overall there isn't any courtesy or mutual respect I expect.

What is the ramifications if I suggest to just terminate the lease?

Assuming he agrees do we just mutually sign a termination agreement, and I deduct damages from his security deposits and that's it?

On the RE agent side, the agreement says if he renew a lease next year, I will owe again 1 month rent. What if the lease is terminated early? Do I get anything back, or will the agent find me another tenant?

Loading replies...