Leaving before lease end?

I have a few tenants that have to leave early due to some business reasons, so the tenants have decided to pay the remaining rent and leave a month early. This is fine with me, but how do I know if they won't just come back one day? I mean, their lease is still "active" until it expires, its just that they won't be here. Plus, I can't rent it out until the existing lease expires. What do I do? Is there something they can sign that they won't return?

--173.0.x.xxx

Leaving before lease end? (by David [MI]) Posted on: Mar 9, 2015 7:50 AM
Message:

Have them sign a lease termination agreement. --165.207.x.xxx

Leaving before lease end? (by Bill [TX]) Posted on: Mar 9, 2015 7:53 AM
Message:

As David said. I, tenant, have vacated address and relinquish possession.

--75.20.xxx.xxx

Leaving before lease end? (by Sara [MA]) Posted on: Mar 9, 2015 7:56 AM
Message:

Is that all, or is there a form for it in MA or if its something a lawyer has to draft? --173.0.x.xxx

Leaving before lease end? (by Sara [MA]) Posted on: Mar 9, 2015 8:01 AM
Message:

To make it a bit more clear: The tenants are paying all of the remainder of the lease term. They just want to move a month earlier. --173.0.x.xxx

Leaving before lease end? (by DIXIE [KS]) Posted on: Mar 9, 2015 8:01 AM
Message:

Didn't they give you a signed notice to vacate the premises? Make sure their notice states the last day they will be in possession. --67.143.xx.x

Leaving before lease end? (by Deanna [TX]) Posted on: Mar 9, 2015 9:26 AM
Message:

Is there anything that prevents you from collecting double rent in this period? --64.72.xx.xxx

Leaving before lease end? (by Sara [MA]) Posted on: Mar 9, 2015 9:41 AM
Message:

They haven't left yet, but told me that they will be leaving in April after paying the rent for April . The lease expires in May 31st which is the last month, and I already collected the last month's rent from them.

Sorry, I don't know about double rent, but I just want to know how I can avoid them from returning all of a sudden since their actual lease expiration is on May 31st. --173.0.x.xxx

Leaving before lease end? (by Vee [OH]) Posted on: Mar 9, 2015 9:47 AM
Message:

When they are done cleaning up get the key/s from them, why make it complex?

--75.94.xxx.xxx

Leaving before lease end? (by Heather [IL]) Posted on: Mar 9, 2015 10:10 AM
Message:

Just ask them to put in writing. --66.87.xx.xx

Leaving before lease end? (by Sara [MA]) Posted on: Mar 9, 2015 1:11 PM
Message:

I would like it in writing as well and I don't think its a good idea to just take the keys. --173.0.x.xxx

Leaving before lease end? (by WMH [NC]) Posted on: Mar 9, 2015 1:24 PM
Message:

If you terminate their lease they don't owe you any more rent money and you can't keep their last month's rent, can you?

And if you re-rent you have to refund as well, don't you, because you can't double-dip and collect rent from two different tenants.

You need Brad's Early Lease Termination FEE, which does end the lease early but allows you to collect an ELT equal to - AHA! - one month's rent. So have them terminate their lease in April in exchange for an ELT fee of one more month's rent, which you already have. Done and Done. --173.22.xx.xx

Leaving before lease end? (by Dan [MA]) Posted on: Mar 9, 2015 2:07 PM
Message:

You can't collect rent from two different residents for the same month. So if they are paying you for May, you can't rent it out to others. If they are paying the rent through the end of their lease then they do have the continued right to use the apartment. --64.197.xx.xx

Leaving before lease end? (by Sara [MA]) Posted on: Mar 9, 2015 2:08 PM
Message:

Thanks, I think that is what was bothering me...I couldn't put it in words, but WMH wrote it down.

I don't know what Brad's Early Lease Termination FEE is...Is this something that is supposed to be in the lease already? I don't see it in mine. --173.0.x.xxx

Leaving before lease end? (by Rocking Bear [FL]) Posted on: Mar 9, 2015 2:57 PM
Message:

Listen to dan cause he is in your state, ELT is great if acceptable in your state, might not be so you should check before making that change. --71.51.xx.x

Leaving before lease end? (by Jim in O C [CA]) Posted on: Mar 9, 2015 3:09 PM
Message:

I don't know MA law but I would have the tenant sign an agreement relinquishing the property and agree to refund any unused portion of their renti if you can find a replacement tenant. To me that seems fair. --108.89.xxx.xx

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Leaving before lease end?

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