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Updated almost 5 years ago,
How to Best Document Early Lease Termination (MA)
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