Hi all
The tenant in our Frankston South property wants to break their lease, as they're having to travel too far to their new jobs. The lease runs until May 2015, but they'd like to leave in two months or so. My wife feels that they should have to find replacement tenants to move in and take over the existing lease (she comes from a commercial property background), but given the suburb I'm concerned about them finding a new tenant who hasn't been vetted by an estate agency. My view is to allow them to leave at the end of January and for us to find new tenants during that month, a better time to look for new tenants than in May. Being a bayside suburb, I'd also think summer is a more appealing time to new tenants than later in May.
Your thoughts?
Regards,
GreenGoblin
The tenant in our Frankston South property wants to break their lease, as they're having to travel too far to their new jobs. The lease runs until May 2015, but they'd like to leave in two months or so. My wife feels that they should have to find replacement tenants to move in and take over the existing lease (she comes from a commercial property background), but given the suburb I'm concerned about them finding a new tenant who hasn't been vetted by an estate agency. My view is to allow them to leave at the end of January and for us to find new tenants during that month, a better time to look for new tenants than in May. Being a bayside suburb, I'd also think summer is a more appealing time to new tenants than later in May.
Your thoughts?
Regards,
GreenGoblin