Landlord Question and Answer Forum
We recently had a lease signed & tenant will be paying us in one week with the deposit (she paid 1st month's rent). She has not moved in yet. The house was listed for sale and we just got an offer. Can we terminated this lease since tenant has not paid deposit or moved in?
lisa l, MI on Monday, March 31, 2014
RE: lease breaking
You must give 30 days notice, but if you signed a year long lease and the start date has already passed you are bound to the lease, the lease will roll over to the new owner. If they choose they can then honor the lease or ask the tenant to leave with 30days notice. I would speak to the tenant and the new owners and keep an open communication so no one ends up getting stuck in a situation.
Posted by
Richard W, PA
on
Monday, March 31, 2014
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