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Updated about 5 years ago,

User Stats

40
Posts
6
Votes
Yan Yan
Pro Member
  • Investor
  • North Bergen, NJ
6
Votes |
40
Posts

Final steps of early termination before the tenant moves out

Yan Yan
Pro Member
  • Investor
  • North Bergen, NJ
Posted

Hi BPers,

I have a tenant who wants to move out in November for personal reasons while her lease ends in June 2020. 

Here are the steps I can think of before she moves out. Can you please check and see whether I miss anything?

  1. 1. Request official move-out date in written. She told me a date in email less than a month ago, which we put in the listing. Only to find out last night that she plans to move out on a different date.
  2. 2. Text, email and send her a letter to remind her that by law she is responsible for paying the rent on time until the lease expires. Security deposit cannot be used as the rent for the last month. If she doesn’t pay the rent on time, it will be treated as late payment and will trigger late payment procedure defined in the contract. After the new tenant moves in, the current lease terminates officially. She no longer pays the rent after lease termination. Remaining balance of the rent will be returned to her. Both parties sign the letter.
  3. 3. The tenant should facilitate the showing of the property in order to reduce the loss due to early termination.
  4. 4. All the small fixes she plans to do should be done before the move-out walk through. 
  5. 5. We will conduct move-out walk through check right before her moving out, document the move-out conditions and both parties sign. 
  6. 6. Return all the keys, including the copies she made.
  7. 7. The tenant is responsible for paying her utility (gas and electricity) bill during her stay, even though the bill arrives after she moves out. 
  8. 8. The tenant is responsible for closing her utility accounts at this address, including but not limit to gas, electricity, TV subscription. She should also forward her mails to new address. Give me the new address in case of emergency.   
  9. 9. Depending on the move-out condition and the rent loss due to this early termination of the lease, full or part of security deposit will be returned to the tenant within 30 days of the current lease terminates (defined in step 2).