Obligation to tenants

[Brian Brown]

We have our home in another state that we weren't able to sell a few years ago so we decided to rent it. It was owned free and clear before we took a mortgage against it to pay for a duplex connected to our current property. In this current market I believe we can sell the other home, payoff the mortgage and have roughly $120k to use towards other properties. My questionis with a signed contract for a year's lease do we have an obligationto keep it till this contractis up next June or can we sell it giving notification that we are going. Thanks for the advise BP nation.