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Updated almost 5 years ago,
Tenant trying to vacate with 7 months left on lease
Hi all quick question. My tenant just informed me he has a serious financial situation and will not be able to pay rent this month and potentially moving forward. He has mentioned he would vacate but the problem is he has 7 months left on a year lease and is not paying for this month. I understand with this Covid19 going on they are putting a hold on evictions and such but does this allow him to not pay and move out without consequences and leave me in a financial situation? Anyone have experience in this minus the covid19 timing of my situation. From what I’ve been told the tenant should be responsible for the remaining months on lease agreement unless he finds a replacement tenant to fill that void. Is that correct?