Sunday, June 10, 2018

What penalties do you enforce when tenant breaks lease early?

I have a 60 day notice on my leases.

I have a tenant that on March 20th, 2018 informed me they would be breaking their lease early.

The lease was signed through 8/25/2018

They will be moving out June 17th.

Monthly rent is $1,400 and security deposit is $1,400.

Given this scenario, I have 3 main questions:

1) How much do you charge your tenants for June on June 1st? (remember they are moving out June 17th)

2) Do you keep the full security deposit (i.e. 1 months rent in this scenario)...

What penalties do you enforce when tenant breaks lease early?

from What penalties do you enforce when tenant breaks lease early?

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