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Updated over 15 years ago, 06/25/2009
Breaking Lease Dealing
I have a tenant who has decided to take a job opportunity out of the state and is asking to terminate his lease after only 5 months on a 12 month contract. I am trying to work with him and am offering these following two options:
1) They are responsible for the rent until I find another qualified tenant to lease to. In addition, they will owe one months rent for my time and effort.
2) Buyout their remaining obligation on the lease with two months rent. They can move free a clear with not further obligations.
Are these reasonable requests? There is no buyout or termination clause in our lease. As it states, the tenant is responsible for the entire 12 months. We are in Colorado.
Thanks in advance.