You should try to find your former tenant, but you also need to find a new tenant to fill the vacancy, which requires you to double your effort. If your landlord is forced to re-rent your unit with a $25 discount to secure a replacement tenant, he may be entitled to $25 per month for the remainder of your contract. However, if your landlord can re-rent your unit for more than you paid, the extra money they earn during the remaining months of your contract can be applied or “rewarded” to any other money you owe your landlord for unpaid rent or compensation. For more information, see the RTB 3 policy line. The tenant may want to find someone who could enter into the sublease tenancy agreement. There are pros and cons to sub-leasing. Consider a subletting clause that requires written permission from the landlord before a tenant can hand over the property to another person. This is a good way to allow a tenant to leave a lease prematurely and make sure you always have a reliable tenant. What happens if you, the owner, break the terms of the lease? This can happen if you do not own the property in habitable conditions or constantly disturb the tenant`s right to enjoy the property in peace. As you can continue to charge your tenant to the tenancy until you find a replacement, it may be more attractive for tenants to pay non-refundable fees in order to end their relationship and evacuate. As mentioned earlier, this tax is usually two months in the value of the rent. If the tenant still has more than two months on the lease, it might seem like a deal. And if you find someone in less than two months, you don`t have to pay the tenant a proportional amount for the period of overlap.
However, if you are looking for a new tenant for more than two months, you cannot go back to the original tenant and ask them to cough more. As usual, that`s what counts. Your relationship with your tenants and your reputation as a landlord are as important as your end result. You can`t let them stay, but you can remind them of their obligations in the lease agreement to continue to make them financially responsible until you complete the unit. A solid lease will help you and ensure that you are compensated if the tenants want to leave. You can also contact a lawyer at any time if you feel that your rights and responsibilities described in the original tenancy agreement may change and to avoid any legal action (initiated either by yourself or by the tenant). It is your duty to work with your tenant who wishes to leave prematurely, and we recommend that you work with the tenant to make their move as painless as possible for you and for them. Since a tenancy agreement is a binding contract between the landlord and the tenant, a tenant, if he breaks the contract, could expect serious legal consequences. This includes: Through reasonable efforts, you can legally continue to withdraw your former tenant`s rent until you find a new tenant. You don`t need to reduce rent or spend more on marketing than you normally would, but you need to make the same effort you usually make to fill a vacancy. If the tenant has found a privileged place, moves in with his partner, wants to buy a house or moves out of town, the landlord is not on the hook to release it prematurely.
Things get a little more chaotic when your tenant goes up and without notice and you have no way to get in touch with them after leaving.