Break Lease Early - Milwaukee

[Andrew J.]

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!