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Updated almost 4 years ago,

User Stats

40
Posts
17
Votes
Kevin Huang
  • Chicago, IL
17
Votes |
40
Posts

Tenant wants to terminate lease early

Kevin Huang
  • Chicago, IL
Posted

Just received a text from one of my tenants yesterday stating that they intended to terminate their lease early at the end of the month. These tenants have been a royal pain in my rear end lately, and honestly I would be more than happy to have them leave.  We have agreed on a fee of 1 months rent in exchange for letting them out early - is there any paperwork or documentation that I need to draft up?  Do I need the signatures from all the tenants and include all terms of the agreement?

Just want to make sure I have my ducks in a row so that I can get the unit listed ASAP.

Thank you in advance for your help!

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