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Fixed Term Residential Lease Logo, Code Red Realty, LLC Form

Fixed Term Residential Lease Logo, Code Red Realty, LLC Form

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hello I'm Laurie Clifford of best property rentals so what happens when your tenant wants to break the lease it's a fact of life this can happen for a variety of reasons job transfers illness family issues loss of employment etc if this does happen it's not the end of the world and there are tried and proven systems to handle these situations so no need to stress if your tenant elects to break the lease in fact it can have an upside the tenant will normally sign an agreement to pay for the letting fee and all advertising and associated costs with the lease broker that will also be held responsible for rent up until the date the property is reelect or the end date of their lease whichever come sooner factors to be considered are these during this period the rent cannot be increased the rent cannot be increased until the end of the current lease agreement as an example if the existing tenants lease was three hundred and fifty dollars a week for one year committing

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