tenant lease early

Your tenant wants to leave early, what should you do? As a landlord sometime you will find yourself in this situation, your tenant wants to move out before the lease ends. As a property owner, it is important that you know how to handle these situations to make sure you don’t get into any legal trouble and follow the correct protocol. 

 

Most likely an unexpected event has happened to your tenant and he/she has to move out. Tenants may want to break their lease for many reasons, personal, professional or because you are not managing well the property. Now a lease agreement usually guarantees the occupancy of the tenant for a year. The lease is a legally binding contract. It is a written agreement /contract between the tenant and the property owner, or a representative of the owner, outlining a fixed amount of time (typically one year) and the terms and conditions for living at a rental property in exchange for rent. When the fixed amount of time (the “term” of the lease) is over, the lease ends. Hopefully, there are no loopholes in your lease agreement and it clearly states what will happen if your tenant breaks the terms of the lease.

 

A lease agreement will protect you as a landlord but there are also laws that protect the tenant. Depending on the tenant’s reason, you might be legally bound to release the tenant. So the first thing to do is to find out the reason your tenant wants to move out. 

 

Legally Justifiable Reasons:

Military or Active Duty: If your tenant is called for military or active duty, then the Federal law allows people in the military to break their lease to start active military duty. The law applies to people in the armed forces, the activated National Guard, the National Oceanic, and Atmospheric Administration, and the U.S. Public Health Service. They still need to give a 30-day notice. 

 

Domestic Violence: This depends on what state you reside but some in some states the landlord-tenant laws allows survivors of domestic violence, sexual assault or stalking to break a lease and move if necessary.

 

Unlivable housing: If you have failed as a landlord and your property is no longer habitable, then the tenant can legally break the lease. The legal term is called: constructive eviction. As a landlord you are required to keep rental premises livable—this is called implied warranty of habitability.

 

Once you know your tenant’s reason you can work with them and proceed with whatever lease terms are and try to fill the vacancy it as soon as possible.

 

Learn more about us and our services!

 

 

Bethan Johnson

Turn Coordinator

Bethan is a Property Manager Assistant. She performs all property inspection and evaluations, creates tenant invoices and oversees disposition of security deposits.

Why choose CRM Properties?

We have the best selection of homes in the Kokomo area. Our staff’s dedication to customer service leads to a swift response to maintenance and tenant questions.

 

What is your screening process?

We verify income with copies of pay stubs and verification from your employer. We check court records for any judgments and criminal activity. We also contact your previous landlords directly for a referral. We will verify that the person we call is actually your landlord.

 

Are pets allowed?

Most homes allow pets. We do have breed and size restrictions. We limit the number of allowed pets and you must provide proof of vaccinations on all pets. We charge an additional $25 per month and $150 additional deposit.

 

How much is the damage deposit?

The damage deposit is equal to one month’s rent. An additional $150 is required for all pets.

 

How long of a lease must I sign?

Our leases are typically one year. During winter months we structure our leases to expire during the spring.

 

How do I pay my rent?

You can pay rent in person with a personal check, cashier’s check or money order. You may set up an e-payment or direct deposit. You may also mail your rent or use our dropbox.

 

What happens if I can’t pay my rent on time?

We do not make arrangements on rent. Rent is due on the 1st of each month. Late fees start on the 5th. If we do not receive rent by the 15th we file an eviction. You may stop the eviction if you pay rent in full prior to the eviction date.

 

How are utilities handled?

Utilities are typically the tenant’s responsibility. Utilities must be transferred into the tenants name prior to signing the lease. If the tenant is responsible for the sanitation bill and fails to pay it, we reserve the right to increase the monthly rent and include sanitation in the rent.

 

What do I do if I have a maintenance request?

Why choose CRM Properties?

 

What do you charge?

 

When do I get paid?

 

How much is the damage deposit?

 

How long will it take to get my property rented?

 

How do you market my property?

 

What is your approval process for tenants?

 

What is the tenant deposit and length of lease?

 

Do you accept pets?

 

What is the eviction process?

Amanda Mendenhall

Leasing Agent

Amanda is our Leasing Agent. She oversees property showings and screens applicants.

Bethany Shoffner

Portfolio Manager

Bethany is one of our Property Managers. She is the single point of contact for owners and oversees the tenant experience.

Hannah Dobbins

Resident Service Coordinator

Julie Mullinax

Operations Manager

Julie is our Operations Manager. She oversees the staff and the day to day operations of our company.

Heather Johnson

Property Manager

Heather is one of our Property Managers. She is the single point of contact for owners and oversees the tenant experience

Jennifer Koenig

Resident Services Coordinator

Jennifer is our Office Assistant. She assists the Property Managers with all property and social media marketing.

Amanda Marshall

Maintenance Coordinator

Theresa Cain-Rush

Property Management Assistant

Darin Olson

Maintenance Manager

Darin is our Maintenance Manager. He investigates maintenance issues and offers suggestions and estimates for repairs.

Lynda Simpson

Bookkeeper

Lynda is our Bookkeeper. She handles all accounts payable and receivables. She also coordinates all owner and tenant billing.

Chris Mullinax

Broker Owner & New Business Development

As President and Owner of CRM Properties Chris helps generate new business and works on making sure the business is compliant with all local, state and national laws and ordinances.

Call us at (765) 459-8034 during business hours.

We guarantee that a team member will be on the other end to answer any questions you may have.

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