My question involves landlord-tenant law in the State of: MI
In the past, we have never agreed to let a tenant out of a lease for a fee. In my experience, if they are set on leaving, they leave no matter what and do not have the funds to pay a fee and the cost to move. However, a tenant contacted us and asked if we would agree to let her break her lease for a fee. January is month 3 of a 12 month lease. We have nothing in our lease that allows a tenant to break the lease but with consent of both parties, I realize that we can amend the lease. Our lease does say that breaking the lease is automatic forfeit of the security deposit.
The tenant and I originally agreed that for 2 months of rent and if she moved by the end of the current billing cycle, we would let her out of the lease. However, when it came time to sign the document, she stated she would not be out before the next billing cycle and so she agreed to pay 3 months and signed the agreement. Is there a limit to the amount that can be collected or can it be whatever you and the tenant agree to? No money have not been collected yet.
In the past, we have never agreed to let a tenant out of a lease for a fee. In my experience, if they are set on leaving, they leave no matter what and do not have the funds to pay a fee and the cost to move. However, a tenant contacted us and asked if we would agree to let her break her lease for a fee. January is month 3 of a 12 month lease. We have nothing in our lease that allows a tenant to break the lease but with consent of both parties, I realize that we can amend the lease. Our lease does say that breaking the lease is automatic forfeit of the security deposit.
The tenant and I originally agreed that for 2 months of rent and if she moved by the end of the current billing cycle, we would let her out of the lease. However, when it came time to sign the document, she stated she would not be out before the next billing cycle and so she agreed to pay 3 months and signed the agreement. Is there a limit to the amount that can be collected or can it be whatever you and the tenant agree to? No money have not been collected yet.
Breaking a Lease: Tenant Wants to Break Lease 3 Months into 12 Month Lease
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