A tenant needs to move out early, the current lease has about 10 months left. She would like to transfer lease to a new person (we run credit check, the new person looks good). I wonder how to handle the situation. Do we have the current tenant move out, clean and sign a new lease with the new tenant with the remaining terms of the lease. Or we don't need to do any cleaning, just have them swap personal items, and sign a lease amendment to say the new tenant will be responsible for the rent and damage. Does anyone have relevant experience? Thank you!
Investor · Tampa, FL · Member since 2011 · 2k+ posts · 3k+ votes
5y
Good for you for running the background check on the new tenant. I would run through the move out process with the old tenant. And then go through your move in process with the new one. Make sure to document pictures of move out and then again with move in condition. This is the cleanest way, and neither one can come back later and claim damage that was or was not there when they moved in/out.
Evans, GA · Member since 2016 · 121 posts · 65 votes
5y
We would at least charge an administration fee to change the lease. As others have said, do a std move out / move in. Also we would evaluate if we wanted the 10 months until end of lease, or if it made sense to write a new one for a full 12 months