Posted by Mark on October 21, 2004 at 12:09:13:
Profit is one thing being a good human being is better, If the ansers youv’ed recieved so far arn’t good enough yet, to give the deposit back and let him out of the agreement ask him if he could’nt try a find someone to take over his lease and if he can’t, well he sure tried. Mark, Soaring Eagle Investment Properties,Reality and Construction Inc. Owner
Broken Lease - Posted by J. Wyncote
Posted by J. Wyncote on September 07, 2004 at 17:04:22:
House in Pennsylvania was rented with a two year lease in August 03. Today the tenant contacted me that he is moving to a new job in another state and wants to break the lease. He is giving me 7 weeks notice and will pay rent thru 10/31 and his new company will pay an additional two months rent beyond November 1. Am I obligated to return the security deposit? Is the tenant obligated for the balance of the lease if I cannot rent in the short term?
Broken Lease - Posted by River City
Posted by River City on September 08, 2004 at 14:38:24:
I thought I had responded to this but don’t see my response so here goes again.
Give the guy a break. He’s moving out of state not across town. He has given you seven weeks notice and not skipped out on you during the night. His new company has even said they will pay you through the end of the year. This gives you more than enough time to paint and advertise and do whatever you need to do to get ready for another tenant.
And yes, he deserves his security deposit back if the apartment is left in satisfactory condition. Good landlords always return security deposits if the apartments are left in satisfactory condition.
This is the kind of tenant all landlords are looking for. Are you the kind of landlord all tenants are looking for?
Re: Broken Lease - Posted by River City
Posted by River City on September 08, 2004 at 13:58:46:
Give the guy a break. He has given you 7 weeks notice that he is moving to another state and it is substantiated by the new company paying an additional two months through the end of the year. Any decent landlord would let him break the lease and receive his security deposit back if the apartment is left in satisfactory condition. This is the kind of tenant everyone looks for. Are you the kind of landlord all tenants look for?
Re: Broken Lease - Posted by J. Wyncote
Posted by J. Wyncote on September 08, 2004 at 16:34:58:
Thank you for the reply. I received both of your messages. In my experience over the past 25 years of renting, it has been extremely difficult getting a tenant during the September thus February period since most people are not apt to move after the start of school. My leases have alway started July 1 or August 1. If I cannot get a renter until the March or April I lose. I thought a lease is a binding legal document. My motive is profit.