Too many tenants think that their purchasing a home is a GET-OUT-OF-LEASE card and when they think this, I suggest that they have their real estate agent assist them in finding a replacement resident
"Sir, I'm very happy for you that you are now in a position to purchase a home, but you do realize that you still have six months on your lease agreement, don't you?"
"Yes, I know your lease agreement states you are required to give a 60 day written notice to vacate, but that doesn't mean at any time during the term of your lease. What that means is, it needs to be submitted if you are not planning on renewing your lease 60 days prior to your lease end date."
"I understand that you already purchased a home, but let me explain your financial obligations".
- You must stay current on your rent until you vacate your suite.
- There is a $200 term fee for early termination of your lease agreement.
- You forfeit your security deposit on your suite.
- Rent will be accelerated for the remainder of your lease term and you are still financially responsible until the end of the lease term or until the suite is re-rented and someone else moves in.
- You will be charged for any damages to the suite other than normal wear and tear.
- There will also be charges if the suite is not cleaned, including appliances, tub, shower stall, sinks, floors, etc.
"Yes sir, it's all stated in the lease agreement that you signed when you moved in".
Make it a great day!
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He owns a dog walking and pet sitting service in Fort Lauderdale.
You, or someone you know may need his services some day.
Wallace S. Gibson, CPM * GIBSON MANAGEMENT GROUP, Ltd.
"...to be a Virginian, either by Birth, Marriage, Adoption, or even on one's Mother's side, is an Introduction to any State in the Union, a Passport to any Foreign Country, and a Benediction from the Almighty God...." Anonymous