Tenant just said he may need to break lease

[Anthony Wick]

I’ve heard quite a few people state long term leases are worthless, as tenants will move out when they want. Well, my tenant may be getting a better job offer in another state, and he has 7 months to go on lease. However, I am not panicking. Why? Because he has a lease. No, I won’t be telling him he can’t move. But, I told him to refer to the 10 page lease. I will hopefully get a new tenant in ASAP if he moves out, but he will be responsible for any vacancy. And in Iowa, possibly in winter, that is a big deal. If I had MTM, and he gave notice in November, I may have no tenant and no rent for a month or two. Now, you may say he might not pay. Then I guess he will have to decide if he’d like to keep his credit score or have a judgment against him.