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Updated about 12 years ago on . Most recent reply
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Tenant breaching contract, what to do??
I have a tenant that signed a year contact 2 months ago, she just let me know that she wants to breach contact. I don't really want her to breach contract. I'm thinking about having her pay until I find a new tenant, how do I do that? What else can I do??
THanks!!!
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Welcome to landlording! Universally, a tenant under a lease has the obligation to cover such breach of contract, but only to the extent to indemnify the owner, seeing to it you have no financial loss.
You can collect rents while the unit is vacant, state law may limit the term, you can collect for costs of advertising in some case, but you can only collect to the date of a new lease.....and, you have the duty in good faith to actively seek a new tenant, you can't just allow it to remain empty and continue to charge the old tenant.