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Updated almost 5 years ago on . Most recent reply

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7
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Anthony Sherman
2
Votes |
7
Posts

How to Best Document Early Lease Termination (MA)

Anthony Sherman
Posted

Hi guys,

I have a tenant who has requested to move out early due to COVID-19 related financial hardship.  Don't worry, I tried many times to work with them on options as I do not want to make someone homeless during this time but they are insisting.  As many BP members have pointed out, this is a better option than refusing early termination and not getting paid, so this has now become my policy (although I am accepting suggestions for lease riders for early termination for the future!).

My question is, how best to document this?  I have asked the tenant to email a formal letter asking to break the lease, forfeit last month's rent for April, and move out by April 30th.  They tried to send via certified mail but I am out of state for now.

I was thinking to write a lease termination contract encapsulating the tenant's letter with the fully executed lease as an attachment.  This would include the typical legal lingo but is there anything specific?  I will be basing this off templates my fiance has as a RE Agent in MA.

Thanks

Anthony

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