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Updated over 6 years ago on . Most recent reply

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Keith Smith
  • Realtor
  • Nolensville, TN
29
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94
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Mutual lease term between landlord and tenant

Keith Smith
  • Realtor
  • Nolensville, TN
Posted

I'm curious if others have a tenant sign something when terming a lease early? In my situation, I have a tenant who moved out and said they couldn't afford rent thus breaking their lease. Obviously, they will not be getting their SD back but they did leave the place in great condition and cleaned. So I don't want to take any further action against the tenant other than to move on. Do you all have them sign paperwork stating the lease is terming early?

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John Underwood
Pro Member
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
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John Underwood
Pro Member
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
Replied

@Keith Smith I prefer something in writing but sometimes you just don't get it from the tenant. Do you have any text messages that you could screen shot and print to keep in property folder?

If they were to complain they would have to prove that they kept paying the rent and since they will not be, they would have no proof. So I don't see a big issue if you can't get them to sign something.

From my experience the only time I get something in writing is when they don't want to renew the lease, leave the place in good condition so they can get their deposit back. Which seems to happen infrequently.

  • John Underwood
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