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 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
General Real Estate Investing
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 3 months ago on . Most recent reply

User Stats

2
Posts
1
Votes
Sunny Wu
1
Votes |
2
Posts

Tenant wants to break lease 8 months early

Sunny Wu
Posted

I'll keep this short and simple. Tenant signed a lease starting in November and wants to break their lease on February 15th because they've purchased a house.

I do not have any lease break clause or lease break fees explicitly written in my agreement.

The standard legal procedure, as far as I understand in NC is the landlord must make reasonable effort to re-rent the property (which I will), and any vacant time till new tenants are found must be paid by previous tenants.

I've told them exactly this, but they do not want to follow the standard procedure and instead pay me to "break" away.

I told them, I've tried renting before during February, March and have found little to no leads because my community usually caters to families with kids in school etc.

I want to just follow the standard legal procedure, but they are not interested in that and want to pay me March's rent and leave. In that case, I told them to pay till May as that was the only time I was able to get applications.

Anyone have any insight here? Should I be worried that they might trash the house? What legal actions are recommended here?

I do not use a property management service to advertise and have always used Zillow to advertise, previous references, housing records, credit checks etc

Most Popular Reply

User Stats

14,562
Posts
11,232
Votes
Theresa Harris
#2 Managing Your Property Contributor
11,232
Votes |
14,562
Posts
Theresa Harris
#2 Managing Your Property Contributor
Replied

If they are leaving mid-Feb and willing to pay 6 weeks' rent to break the lease, that is reasonable.  It also gives them a bit of a buffer if there are delays with their new place closing.  Put it in writing and have both of you sign it.

  • Theresa Harris
  • Loading replies...