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Updated almost 8 years ago,

User Stats

44
Posts
8
Votes
Dan A.
  • Investor
  • California
8
Votes |
44
Posts

Ending a lease early due to sale

Dan A.
  • Investor
  • California
Posted

Hey guys,

I'm renting a property in Chicago that I intend to sell, and due to tax considerations I will likely need to end the lease a month earlier than our contract requires. I've gone through my lease (it's a standard domu contract) and I don't see anything that discusses this specific situation.

So, does the tenant have any recourse in this situation? I intend to be upfront with them and explain the situation, but I would of course like to know where I stand from a legal perspective.

Thanks,

D

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