Skip to content
×
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
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
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 over 7 years ago on . Most recent reply

User Stats

32
Posts
2
Votes
Joel S.
  • Investor
2
Votes |
32
Posts

Terminating a Lease Early

Joel S.
  • Investor
Posted

Hi BP Community-

I have a rental property in Houston, Texas and I have a question about terminating a lease early in order to sell. When terminating a lease early to sell a house, is an early termination clause required in the lease agreement? What is the worst that could happen if it's not? The tenants lease is up in a few months, but I'd like to sell before that if possible. The property manager is moving, so not looking to go through that process again. I would give 30 days or whatever the requirement and probably pay him as well for the inconvenience.

In addition - I don't really want to sell to another landlord because the return most likely won't be as high.

Any advice is much appreciated! 

Best,

Joel

Loading replies...