Tenants breaking lease, 2 week notice

[Carrie Westover]

hello BP landlords!

I am 3 years in on my first rental, having gone through a smooth, no problem tenant change once. I just received notice that my current tenants, who signed a two year lease in April this year, are moving out in 2 weeks- having not paid this month's rent. I am looking for advice on how to proceed. I believe my contract states a lease breakage penalty of 2 months' rent but I have to double check.

Thank you for sharing your wisdom!