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Updated almost 6 years ago on . Most recent reply

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Carolyn Walters
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Renter signed lease but now wants to change move in date

Carolyn Walters
Posted

I have a renter who signed a lease and turned in a security deposit to start renting at the beginning of July according to the lease. They signed it a few weeks ago. They called me today wanting to know if they could move in August 15th instead because one of them was diagnosed with cancer. So they want me to continue to hold it for them which would amount to half of June, all of July, and half of August without them paying. They signed a month to month lease.

What are my options at this point? 

Carolyn

Most Popular Reply

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Terrell Garren
  • Rental Property Investor
  • Concord, NC
3,065
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1,240
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Terrell Garren
  • Rental Property Investor
  • Concord, NC
Replied

@James De Stefano  10 years and 20 SFHs later, M2M leases are the best lesson I've learned.  You can deal with misbehaving tenants immediately. The important thing is, they know it.  

I have several tenants on M2M for 5+ years and never lost a tenant early because of it.

Long tern leases only constrain the owner. Tenants will leave when they need to leave. You weed out the uncertain ones during the screen.

Best, Terrell

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