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releasing tenant early from lease form? - Landlord Forum thread 355430








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releasing tenant early from lease form? by Jill (Ohio) on December 22, 2017 @18:56

                              
Our tenants rented a house from us for 2 years. They renewed for a third year on July 1, 2017 for 12 months with a formal signed lease renewal. In mid October with no notice the wife said she was taking a new job out of state and moved out immediately. The husband and all of their stuff was out officially on November 3rd. The agreement was that they were responsible for paying rent until the end of the lease but that we as landlords would do our best to get a new tenant in there as soon as possible. We finally found a qualified tenant (waiting to sign new lease with new tenant). My question is: is there some type of formal letter or notification I should send the current tenant releasing them from the lease and stating that their obligation is over? Thanks for your input.
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Re: releasing tenant early from lease form? by Garry (Iowa) on December 22, 2017 @20:58 [ Reply ]
I assume that Oct. rent was paid, but not Nov. or Dec. At this point, do nothing towards sending any statement to the former Ts. Until you have a new signed lease, plus a deposit and first months rent from a new T, you do not have a new T as yet. Once you have that, you can send the old T a letter about their security deposit. State in the letter they moved out on xxx, they owe rent for Nov. and Dec. You re-rented the place as of xxx, their deposit went for Nov. rent, and they still owe you for Dec. rent (plus any damages they left you). Short and sweet. Send it certified mail to whatever addresses they left with you. If no new addresses left, send it to their last known ad. which is your rental property. Hopefully, they put in a forwarding ad. with the Post Office. Good luck in trying to find either of them, or ever getting any money out of them. Consider it a loss, a learning experience, and move on.

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