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What to Do if A Tenant Wants to Break the Lease

Most residential or commercial properties have six-month to two-year leases. As a landlord, your investment (your property) depends on the occupancy. When a tenant signs a lease, you, as the landlord, feel locked in with a dollar amount that you will receive for the next X number of months. However, life happens, and tenants will approach you asking or telling you they are breaking the lease before the term ends, which can cost you money. If this occurs, what do you do? It might be easy to just deny the tenant’s request for the break in lease, but the situation may be more complicated than that.

You don’t want to pay for an empty space, but you also don’t want to deal with an unhappy tenant who isn’t allowed to get out of their lease early. If you get on bad terms with this tenant, he/she/they could write bad reviews about your or spread the word of not to use you because you failed to work with them and their unique situation – so this is something critical to consider when deciding what to do when a tenant asks to break the lease.

There are some common reasons that you should or would want to let a tenant out of their lease, such as:

As a landlord, you have certain rights and your tenant does, as well. You want the rights to work to your benefit, but you also need to know where and when to draw the line. Compromises may need to occur. At the end of the day, make the decision that is best for your reputation as a landlord and for your bottom line, even if it’s letting someone out of his/her lease early.

Work with a Jacksonville Property Management Company

If you are not sure whether to let a tenant break his/her lease, it may benefit you to hire a property management company to make this type of decision for you. At Quest Real Estate, LLC we have years of experience working with tenants and their unique situations and what is right and necessary to do when it comes to breaking a lease – each situation is different.

Our property management experts are will communicate with tenants throughout the lifetime of their lease . Our Jacksonville property management team develops a close relationship with tenants.

With our aggressive marketing, advertising, property showings and background checks, we will find you great tenants. As a property management company, we prepare leases, have 24-hour emergency maintenance, collect rent, and more.

If you’re looking for a Jacksonville property management company  to manage your property or find you tenants, let Quest Real Estate help you!

Contact our team at Quest Real Estate, LLC, by submitting our contact form. If you’d like more information on Jacksonville, or information on homes for sale or rent here in Jacksonville, Fl, call us at 904-373-9171.

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