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Updated almost 8 years ago,

User Stats

106
Posts
51
Votes
Todd Krzeminski
  • Rental Property Investor
  • Northern Virginia
51
Votes |
106
Posts

Tenant wants out of Lease

Todd Krzeminski
  • Rental Property Investor
  • Northern Virginia
Posted

The tenant at one of my properties is asking to get out of the lease 1 month early because they are closing on a new house. The lease expires 5/31, so I do have some time. 

Should I honor the request, or stand my ground? I'll have the turnover regardless, so I'm not sure if there's a lot of benefit to holding firm. It just gives me less time to market. Is there some concession I should ask of the tenant if I do allow it?

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