Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
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 5 years ago on . Most recent reply

User Stats

6
Posts
0
Votes
Ryan G.
0
Votes |
6
Posts

Question on tenant being removed from multi tenant lease

Ryan G.
Posted

I have a rental with 3 tenants in the military about 3 months into a 12 month lease. One is being deployed and asked to be removed from the lease for the deployment, which I know is valid reason to be let out of a lease. 

My question is around the validity or the lease with the other 2 tenants if I remove the deploying service member  from the lease.

I don’t want to maintain a lease with just the two of them as the credit of the departing party was the strongest. But if that tenant is adamant about being removed from the lease, what are my options for the remaining 2? They have a replacement they’d like to submit as a tenant, which I’m willing to consider, however, if that tenant does not have strong enough credit and financial standing, do I have grounds to void the lease to all three and request they move out? 

Most Popular Reply

User Stats

1,096
Posts
943
Votes
Jennifer T.
  • Investor
  • New Orleans, LA
943
Votes |
1,096
Posts
Jennifer T.
  • Investor
  • New Orleans, LA
Replied

I think the question only comes up if the new roommate they are interested in doesn't meet your standards.

If that's the case, I'd have a discussion with the remaining tenants.  Making it clear that they are responsible for the full rent, whether there is a 3rd roommate or not, and the 3rd tenant will need to meet your XYZ requirements.  If they can't or have concerns about paying a higher portion of the rent, I'd give them the option to end the lease and move out...no harm, no foul...when the deployed person moves out.

I understand why it isn't an optimal situation.  But, at the same time, they're already living there.  So why borrow trouble if they want to stay.  If they keep paying the rent on time, great.  If they don't, post a Pay or Quit promptly and follow your jurisdiction's eviction procedures if they don't comply with it.  Even in that "worst" case scenario, you'll be in about the same place you are right now anyway with thinking about terminating the lease.  Might as well give them a chance to continue paying the rent in a timely manner. 

  • Jennifer T.
  • Loading replies...