Hi everyone
I have a slightly different situation. We are self managing a place with tenants who are on a fixed lease until Feb 2015. Our intention was that we wanted to move into this properly at the end of the lease, we informed the tenants of this when we purchased the property.
Yesterday the tenants sent us an email asking if they can break the lease with 2 weeks notice if they find another place to rent before that period.
We are happy for them to break the lease early but think that 4 weeks is more reasonable because we have to relocate from our current house and then also rent out the house we are currently living in which may take more than 2 weeks.
The tenancy agreement i have with me states that the tenants are liable for paying fees & rent if they break the lease early, but its more in relation to us finding another tenant. Our situation is that we want to move into the house.
Essentially my question is can I negotiate for four weeks notice for the tenant to leave? I have drafted the email asking for them to give us four weeks from today, and then after 4 weeks they can give us two weeks notice when they find a place. I feel that is fair and avoids any fees.
I have a slightly different situation. We are self managing a place with tenants who are on a fixed lease until Feb 2015. Our intention was that we wanted to move into this properly at the end of the lease, we informed the tenants of this when we purchased the property.
Yesterday the tenants sent us an email asking if they can break the lease with 2 weeks notice if they find another place to rent before that period.
We are happy for them to break the lease early but think that 4 weeks is more reasonable because we have to relocate from our current house and then also rent out the house we are currently living in which may take more than 2 weeks.
The tenancy agreement i have with me states that the tenants are liable for paying fees & rent if they break the lease early, but its more in relation to us finding another tenant. Our situation is that we want to move into the house.
Essentially my question is can I negotiate for four weeks notice for the tenant to leave? I have drafted the email asking for them to give us four weeks from today, and then after 4 weeks they can give us two weeks notice when they find a place. I feel that is fair and avoids any fees.