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Re: Need some advises if I decide to break my lease - Landlord Forum thread 359968

Re: Need some advises if I decide to break my lease by Garry on November 20, 2019 @17:04

                              
You should ACCEPT the key, if they offer it to you. Acceptance of a key does not mean the Ts do not owe you more rent, or money for damages. But it DOES mean you should immediately start cleaning and fixing damage done by the T, and get it ready to rent again. Refusing to accept the key if offered to you by the T, could very well mean you would lose your right to any future rent that the T did not pay under the old lease. You MUST try to MITIGATE your damages, meaning doing everything in your power to get the place rented again ASAP. Once rerented, THEN you can decide if you have a case against your former T.
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Re: Need some advises if I decide to break my lease by Sunny on November 22, 2019 @08:20 [ Reply ]
I understand you said the lease has not been broken yet. So, there's no need to do anything yet. But doesn't it make more sense to start listing and looking for a new tenant now? Or by doing so will only indicate LL accepts and agrees to the lease breaking?
    Re: Need some advises if I decide to break my lease by Garry on November 22, 2019 @11:42 [ Reply ]
    A LL should never try to list a place, or look for a new T until they have possession back, and the LL has had a chance to clean up and repair any damages left by the old T. Questions-------- what if the current T does not let you show the place while they are still living there, or does not get out when they said the would? What if they leave you with a lot of cleaning to do, or damages to repair? Do you really want to show a place that may look terrible, to a prospective new T ? You have no control over any of this. Once you have possession back, then you have total control back again.

    You are worrying too much about someone breaking a lease in the middle of it. I never worry about that. I have 20 houses I rent out, and ALL of them are on M2M leases, starting from day 1, no matter what month of the year it is. I do that because I want control, if a T is doing other things that they shouldn't be doing, like bringing in pets, people, causing damage, etc. I can then give them a 30 day notice to move if I wish. I have given that notice to 2 Ts in the past 4 months. They've moved, so now I'm cleaning, repairing damages, and will be looking for new Ts in the worst time of the year. Yes, I will be losing money, but many LLs agree it's better to have a vacant property, than one with a T in it, causing a lot of damage.
      Re: Need some advises if I decide to break my lease by Sunny on December 18, 2019 @19:27 [ Reply ]
      I never had anyone broke the lease before; therefore, I need some more help. How would you handle it when the tenant hands you back the key or wants to do a walk through? The lease won't end until June. It hasn't happened yet. But I want to be prepared. I've seen my tenant moved most of the stuffs out already. I received rent for this month. But I don't I don't think I'll it for next month. I do have the deposit.

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