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Updated over 9 years ago on . Most recent reply

User Stats

60
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10
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Andrew J.
  • Realtor
  • Milwaukee
10
Votes |
60
Posts

Break Lease Early - Milwaukee

Andrew J.
  • Realtor
  • Milwaukee
Posted

A tenant of mine who moved in July 1st has informed me that they will be moving out March 2nd due to a change of employment resulting in a move to the East Coast.  They have been good tenants and are a nice couple so I would like to end this mutually as possible.  

They have offered to find a sublease; however I have a no sublease clause in the lease.  March 2nd is not exactly an ideal move out date and according to Wisconsin statute the tenants are entitled to pay rent until I find an acceptable tenant to move in.

I am thinking of proposing the following:

Agree to mutually end lease 3/31 and use their security deposit to pay March's rent.  I do have a clause that the security deposit won't be used for the last months rent; but then again they also have a year long lease.

Any thoughts or suggestions are appreciated!

Most Popular Reply

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2,380
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1,110
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Bob E.
  • Queen Creek, AZ
1,110
Votes |
2,380
Posts
Bob E.
  • Queen Creek, AZ
Replied

Don't be such a hard case.  Get a copy of the transfer letter from their employer and work with them to show the apartment before they move, maybe get them to let you show it Saturdays from 12:00 - 3:00.

If you are already getting calls it sounds like the market is doing well enough.  Treat people like you would want to be treated.  

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