The tenant signed a 12 mth lease about two weeks ago however received a call from PM today and they now want to reduce it back to 6mth.
While I don't want to get any bad blood happening, I advised the PM they did sign a 12mth lease and if they want to break the lease they will have to sort out advertising and the other costs involved.
I also told the PM to advise the tenant I don't have a major issue with them wanting to go in 6mth as long as I get a tenant in that meets the requirement.
Be interesting to see what the tenants do now. Of course one wonders is it better to agree and at least then I don't have ticked off tenants in the place.
How have other here dealt with this situation, how would you deal with this?
Brian
While I don't want to get any bad blood happening, I advised the PM they did sign a 12mth lease and if they want to break the lease they will have to sort out advertising and the other costs involved.
I also told the PM to advise the tenant I don't have a major issue with them wanting to go in 6mth as long as I get a tenant in that meets the requirement.
Be interesting to see what the tenants do now. Of course one wonders is it better to agree and at least then I don't have ticked off tenants in the place.
How have other here dealt with this situation, how would you deal with this?
Brian