Damn Them Tenants!
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Rhys Gravell wrote:
You can choose to break the tenancy by suggesting that a financial settlement be made i.e. if they owe 7 months – you will settle for 4 months
This is one option I am looking at.
Rhys Gravell wrote:
You can find a new tenant, and hold the tenant liable for the costs of finding the tenant (advertising, agency fees etc).
This is the preferred option and the one that I am proposing.
Rhys Gravell wrote:
I'd be wary of witholding deposit as it will be protected[^] and there could be all kinds of muck and nonsense about that though I'm not entirely clear on that front.
I am aware of this, but I can make applications for costs against it to the holding company and can force delays in release until handover signing is complete. It is very much like Escrow, neither of us can get the money unless we both agree.
--------------------------------- I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC Link[^]
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As a tenant, it's my understanding that a landlord has only a few options regarding ending a tenancy early. You can agree to early ending of the tenancy or you can; Continue to enforce payments from the tenant, as the tenant is liable until the tenancy is legally terminated The tenant can provide a new tenant BUT the tenant has to be acceptable to you, and until then the tenant is completely liable You can choose to break the tenancy by suggesting that a financial settlement be made i.e. if they owe 7 months – you will settle for 4 months You can find a new tenant, and hold the tenant liable for the costs of finding the tenant (advertising, agency fees etc). If at any point you approve the actions of the tenant vacating early, then they can legally stop paying the rent. I'd be wary of witholding deposit as it will be protected[^] and there could be all kinds of muck and nonsense about that though I'm not entirely clear on that front. [edit]Just a thought but yes, you could with agreement agree to break the tenancy by suggesting that a financial settlement be made that is equal to the deposit and that the deposit be utilised for this purpose, but if you do that, get a signature on it[/edit]
Rhys "If you ever start taking things too seriously, just remember that we are talking monkeys on an organic spaceship flying through the Universe"
Rhys Gravell wrote:
As a tenant, it's my understanding that a landlord has only a few options regarding ending a tenancy early
Depends both on the lease and on local laws. The latter could have an impact if some relevant section becomes unenforceable due to a local ordinance.
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Rhys Gravell wrote:
As a tenant, it's my understanding that a landlord has only a few options regarding ending a tenancy early
Depends both on the lease and on local laws. The latter could have an impact if some relevant section becomes unenforceable due to a local ordinance.
We're both in England and I've always had the type of tendency agreement referred to in an earlier post. I got screwed over a deposit by a landlord when I was about 24 and decided that would never happen again so have kept up to date on relevant housing law in regards the tenancies I have had, and always paid attention to the tenancy details too.
Rhys "If you ever start taking things too seriously, just remember that we are talking monkeys on an organic spaceship flying through the Universe"
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I prefer to vet who goes in the property. (Credit checks and references etc). If they just put in anyone it could lead to trouble.
--------------------------------- I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC Link[^]
I had my cat vetted. Not sure you have the authority to do that to people, though.
I wanna be a eunuchs developer! Pass me a bread knife!
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My tenants have recently signed a 6 month lease and now they want to be released early. I could force them to fulfil the contract, the law is on my side, but one must be practical. They would resent being tied there and I suspect damage would be done and a lot of ill-feeling. However, I do not wish to be out of pocket, so I think the best compromise is to let them go, but make them pay the fees generated on installing the next bunch. They would also have to be responsible for the property until the new tenants sign and take over. I don't suppose they would be entirely happy about this but a) I have a £1000 in deposit and b) it beats being forced into contractual obligations. Morally and Legally I am in the right, but these things so often break down into squabbles and recriminations. Being a landlord is so much hassle that I sometimes wonder if it is worth it. (Until rent day, and when the money hits the account I realise that it is!) I am going to see them this evening to make my proposal, I hope they just accept it and we can all move on.
--------------------------------- I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave CCC Link[^]