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Updated about 1 year ago on . Most recent reply

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Kevin M.
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Good tenants seeking early release.

Kevin M.
Posted

Class A property.  Tenants in year 2.  Always pay on time, easy to work with.  Seeking an early release for family reasons, with 60 days notice.  We're inclined to oblige.  I was going to do an inspection before modifying the lease.  What are the big picture things we need to get into place?  I'm thinking that 60 days + turnover can get us ready for new tenants May 1, for  the summer transfer season.  This is my second year as a landlord.  Thank you!

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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied
Quote from @Kevin M.:

I charge an early termination fee and have an agreement in writing. Most tenants are happy to pay it because they understand a broken contract comes with penalties.

My agreement requires them to participate in showings to potential renters during their final 30 days. I typically have a new tenant under contract before the old tenant vacates.


  • Nathan Gesner
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The DIY Landlord Book
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