Q: I have a tenant who signed a two-year lease and now needs to move as part of a job relocation. He has 14 months left on his lease. The tenant's employer contacted me and is offering to pay a "reasonable" amount if I let the tenant break the lease. Can a landlord legally accept any amount a tenant offers to break an apartment lease? If we reach an agreement, let's say three months' rent, can I rent it out sooner? A: You could agree to unilaterally release your tenant from any further obligation under the lease for nothing, or you could insist on the remaining balance of all the lease payments to the end of the lease. Of course, no one would pay up front the amount owed each month for the next 14 months, as a tenant would simply leave the unit vacant and send in the ...
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