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Updated 3 months ago on . Most recent reply

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Michael Sargent
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Breaking a lease early

Michael Sargent
Posted

I have a Tennant who had signed a one-year lease with no termination clause. After two Months the tennants had purchased a house and requested to terminate the lease early. I then made another agreement stating that they would have to finish 6 months rent and lose their security deposit. The tennant is responding that they will only pay one month rent. I believe I'm in the right but I need to make sure

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Chase Busick
  • Realtor
  • Oklahoma City
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Chase Busick
  • Realtor
  • Oklahoma City
Replied

@Michael Sargent, if there is no clause on early termination, or  re-rental charge or anything similar then it should come to the mutual agreement of both parties.

They should make the request in writing, but you'd still need to agree to it and sign written out agreements & not just do text or verbal agreements. Sounds like you are trying to make a verbal agreement w/ 6 months & they're saying they'd only be willing to pay a month. Then there is no new written or verbal agreement.

Both parties need to abide by the written executed lease as that is the legal document binding 'yall together. Just because they bought a home doesn't exclude them from the obligation of finishing out the lease.

If they move out & stop paying then you can go to eviction court for non payment of rent, try to get a judgment, regain possession & worse case collect.

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