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Updated over 6 years ago,
Tenants Breaking Lease after Break-In
We have two fantastic tenants that are asking to break their 12 month lease after 6 months. They were broken into and no longer feel safe in the home. We've talked about adding an alarm system, but nothing seems to be helping right now.
My thought is to honor their request as soon as we find a new renter. I plan to refund their security deposit if they pay for rent and utilities up until a new renter can take over payments.
They have taken great care of our property, have paid for everything on time, and have been great communicators. I know we'll lose some time/energy on securing a new client, but I'm okay with this if we don't lose any money due to vacancy. Is there any reason not to do this or anything I need to be cautious of in the process?