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Updated about 4 years ago,
Transfering lease to one of the two tenants.
I have a 1 year lease that has matured into a month to month contract with two tentants.
One of the tenants has given me the 60 day notice that they will be moving. The other tenant would like to stay on the month to month lease and would still qualify by themselves.
What would be the cleanest way to do this?
I have never dealt with this before but was at first considering just signing a new lease with the 1 tenant that wants to stay but there will be no way for me to do a proper move out inspection with the tenant that plans on staying still moved in with their stuff in the way.
My next option I was considering was just transferring the whole contract to the tenant that wants to stay and making them solely responsible for the contract until they move out.