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Updated almost 4 years ago on . Most recent reply

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11
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Grace Marie Weger
  • Developer
  • Bend Oregon
9
Votes |
11
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Tenant Breaking Lease

Grace Marie Weger
  • Developer
  • Bend Oregon
Posted

Last year I bought my first investment property and use the rental forms from Brandon Turners book "the book on rental property investing". I read through them and edited to fit my state and situation, but I overlooked that there is nothing said about breaking the lease.

I believe in Oregon the tenant is responsible for up to the full amount of rent during the signed lease period if they decide to leave early- but the landlord is required to look for a new renter and once found, the old tenant isn't responsible for paying anymore. However, without this defined in the lease I want to check that my understanding is correct.

Any advice on how to proceed?

Most Popular Reply

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455
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Dwayne Poster
  • Investor
  • Van Isle
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455
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Dwayne Poster
  • Investor
  • Van Isle
Replied
Quote from @Grace Marie Weger:

Last year I bought my first investment property and use the rental forms from Brandon Turners book "the book on rental property investing". I read through them and edited to fit my state and situation, but I overlooked that there is nothing said about breaking the lease.

I believe in Oregon the tenant is responsible for up to the full amount of rent during the signed lease period if they decide to leave early- but the landlord is required to look for a new renter and once found, the old tenant isn't responsible for paying anymore. However, without this defined in the lease I want to check that my understanding is correct.

Any advice on how to proceed?


 State laws prevail, regardless of what an agreement says or doesn’t say.

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