Posted by mlr on November 18, 2001 at 16:53:50:
In Reply to: job relocation posted by james million on November 14, 2001 at 19:45:33:
Know your state laws and what is provided in your lease. I am a Michigan landlord and our laws provide that the you have both signed a legal contract that expires on term specified. If tenant wnats to break the lease - they will be responsible for rent and all terms of the lease (utilities, maintenance) plus cost of releasing the premises (advertising) and if your lease provides - releasing fee as well. There is no reason that you should take a loss in income just because a tenant decides that they have had a change in their lives. You can negotiate - but they signed a legal contract. Would Ford Credit let them out of a car lease for this reason? Be professional. Do your part to provide a good home for the tenants and abide by the temrs of the lese and expect that the tenants will abide by all the terms as well.
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