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Updated over 8 years ago on . Most recent reply

User Stats

28
Posts
3
Votes
Matt Turner
  • Cabot, AR
3
Votes |
28
Posts

Well that didnt go as planned.

Matt Turner
  • Cabot, AR
Posted

Needing some desperate help! I did background checks on my tenants and everything looked good. sent them the contract with everything in detail that they will pay the rent amount stated in the contract from June 1st 2016 to May 31st 2017. Both people signed and returned it with no problems. i just received a message from the tenant that the job her husband had upon his return has fallen through and will no longer be financially able to move in.  they have not payed me any money yet.

I am currently living in the house and will stay in it as long a i need to till it rents out.

Is there something legally i need to do about this situation?

Most Popular Reply

User Stats

74
Posts
24
Votes
Andrew Bauer
  • Atlanta, GA
24
Votes |
74
Posts
Andrew Bauer
  • Atlanta, GA
Replied

Not clear on what you are asking here. If you are asking if you can/should "go after" these tenants legally, it would cost you far more in time and money than whatever it's worth. Not to mention it would be dick move.

If you're asking whether you need to do something legally to terminate the contract, in my opinion, you should at the least make sure you have a paper trail of some sort with the tenant that makes clear that both parties agree that the lease has been terminated. 

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