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General Landlording & Rental Properties

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Andrew Queral
  • Investor
  • Chestertown, MD
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two tenants, remove one add another Q's

Andrew Queral
  • Investor
  • Chestertown, MD
Posted Jun 22 2016, 18:22

Hello everyone, first post here.

So I have a couple that no longer gets along and tenant 1 wants to move out. I said okay if tenant 2 gets a go-signer (did not qualify on their own). Tenant 2 found a co-signer who will be moving in so now I have on my hands one tenant removal, one co-signing party and a co-tenant signing onto the lease.

Should I cancel the current lease then start a new lease with tenant 1 and co-tenant? or should I amend with a tenant removal and add the new co-signer/co-tenant onto the lease?

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