Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 8 years ago,

User Stats

663
Posts
512
Votes
Marcus Johnson
  • Investor
  • Saint Paul, MN
512
Votes |
663
Posts

Tenants bought a house

Marcus Johnson
  • Investor
  • Saint Paul, MN
Posted
So my tenants informed me that they are closing on a new home on February 17 and would like to have an early termination starting March 1 if I can find new tenants. Their lease runs until July 31. They've been great tenants for the past two years and I always pay on time Some of the questions I have are: 1. If I don't find tenants by March 1 obviously they are still owed for the remainder of the lease so do I take their keys. 2. also they have a pet deposit of $500 do I return it at that time even though they have months left on the lease. 3: also on February 17 do I perform a move out inspection or do I wait until July 31 4. I do know that I have to keep their deposits until the end of the lease but is there anything else I'm missing.

Loading replies...