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Re: Tenants breaking one year lease california
by Blue
on December 3, 2020 @21:37
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The rent is approximately 10% below market. My previous tenant who was there for a while broke their lease and so I thought that I had to rent it out for the exact same price and I did to this tenant. (which at that time was below market as well) But unfortunately, a few months later, the new tenant is breaking his lease. And now I'm checking to see if I legally have to keep the same price or can I just charge market rent. The neighbor's unit is currently vacant and they are advertising at 10% more than my current renter's rent. And their unit is smaller.
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