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Updated about 9 years ago,
Lease Termination, Tenant and Landlord Seeking a Middleground
Hi Everyone - I would love your suggestions -
Long term tenant ("Tenant") of 5 years has a good working relationship with the property manager ("Manager") of the building Tenant resides. Tenant requested to terminate the lease and perceived that the Manager agreed to the lease termination for a termination fee of 1 months rent, which Tenant paid.
There was a misunderstanding in the communication in that that termination of the lease was effective "with a new tenant". Thereby Tenant would remain responsible for the terms of the original lease until a new tenant was found. Manager and Tenant mutually agree that there was indeed a miscommunication and are looking for a solution where they could meet in the middle. A new tenant has not yet been found and the terms under the original lease expire in June of 2016. What would you propose?