I have tenants leaving 2 weeks before their contract ends. Are they required to pay to the end of the month (end of their contract) even though I have secured new tenants to move in immediately after they have left?
2007-07-06 00:14:50 · 12 answers · asked by kitkat 4 in Business & Finance ➔ Renting & Real Estate
I would give them a break if they were deserving but they have been a pain in the neck!
2007-07-06 00:21:37 · update #1
They are required to pay to the end of the end of their contract! that is the agreement they have committed.
They will need to pay up for 12 months even they only stay in for one month for a 1 year contract. Unless you will to break the contract? And You can't get them to leave before the 12 months is up too. unless they agrees. it's all depend what it 's spelled in the contract.
2007-07-06 00:29:08 · answer #1 · answered by FIXIT 4 · 0⤊ 1⤋
By law you can insist they pay until the end of their contract,but in return they have a legal right to keep the keys until that date.As you have secured new tenants for immediate occupation then you cannot charge them that money.Hopefully,you will check the premises on the day they leave,point out any damage and agree the amount of deposit to be returned.Also,I would hope that you clean and check gas and electricity instalations are safe before your new tenants move in.Only by being a reliable landlord can you expect good tenants.Too many landlords are greedy,grasping and do'nt give any respect to their tenants and wonder why they get bad ones.
2007-07-06 01:21:59 · answer #2 · answered by Anonymous · 0⤊ 0⤋
If they have stated they want to leave on that date, then you can charge them until the end of their notice period. Dont tell them you have new tenant ready to move in - because they could be awkward and say they will stay, which will cause youa problem. However, I think you may just be well rid, charge them til the date they move out and get your new tenant in with no hassle. It's not as though you will be losing out and you dont need any further mither.
2007-07-08 08:27:14 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Ummm....this is NOT something you want to do. A lease is a legal and binding contract. Do you REALLY want to be legally bound to two contracts to occupy a premise when there is only ONE premise ?
What happens if the tenants vacating decide they want to occupy to the end of the term, since they are paying for that term?
Allow them to break their lease and give them the prorated rent, even if they HAVE been a pain in your derriere.
2007-07-06 01:13:32 · answer #4 · answered by acermill 7 · 1⤊ 0⤋
If you are retaining a deposit (normally an amount equal to the monthly rental) then:-
1. If they leave without giving you notice - you are entitled to withhold the deposit;
2. If however they have ensure that you will have people moving in the minute they are leaving (in other words these new tenants will also be paying a deposit) then you are labile to pay your tenant their deposit back.
3. Check the residence for anything that had been damaged or needs to be replaced and subtract that from their deposit and the remainder you must pay over;
4. Get all your keys.
Take care
2007-07-06 00:20:25 · answer #5 · answered by INCOGNITO 3 · 2⤊ 2⤋
They have to pay until the end of the month in which they were staying unless it is a week-to-week tenancy. If you secured a security deposit, this can be retain to pay for back rent they did not take care of.
2007-07-06 01:06:59 · answer #6 · answered by Grandma of 2 5 · 0⤊ 0⤋
Kitkat, that all depends?
Have they gave you a month's notice to quit the tenancy.
Did they give that to you writing?
If yes, they have to pay you to the end of the tenancy which will be the date they move out. You then have to check the property and if is OK return their deposit.
Now, if they haven't, then you can keep two weeks money out of their deposit. but, do you really want to if you have got someone moving in.
2007-07-06 00:21:07 · answer #7 · answered by The_Informer 4 · 2⤊ 2⤋
Legally yes, but if you have new tenants already then provided your departing tenants have been good tenants, wouldn't it be nice to give them a break? You good deed for the day to give you a warm glow deep inside
2007-07-06 00:18:06 · answer #8 · answered by Anonymous · 4⤊ 2⤋
depends what it says in your contract with them. if they havent given you enough notice as it states on your contract then you can legally bound them to pay you till the term of your contract. but if they have been reasonable then let them go.
hope it helps.
2007-07-06 00:32:38 · answer #9 · answered by Kesh 3 · 0⤊ 1⤋
If you insist they pay till the end of the month you can not rent it out again till the end of the month.
2007-07-06 00:18:34 · answer #10 · answered by mrbatfink 3 · 4⤊ 2⤋