Furthermore, your tenant agrees to pay rent for the entire lease term, albeit in monthly (or the agreed-upon) increments. In the case of the lease term, the tenant is protected from being removed from the rental before the term is up, and landlord is protected from tenants leaving early. Is Your Tenant Responsible for the Remainder of the Lease?Ī lease is a binding agreement that’s supposed to protect both parties: you, the landlord, and the tenant. A new job, housing costs, or just general well-being can get in the way of a binding lease agreement, so what should you do if your tenant wants to break the lease? You can expect most tenants to stay for the entire term of their lease, but like most instances of landlord-tenant interactions, life happens. Unless they’ve signed a month-to-month lease, you’ve secured a stable source of income for the agreed upon time, be it 6 months, 12 months, or more. A signed tenant should bring you relative peace of mind.
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