TENANT BREAKS LEASE – NOW WHAT?

If a tenant breaks a lease the landlord is required to make a good faith effort to re-rent the property.  The courts typically interpret this as listing the property with the same terms offered, including the same rent, for the balance of the lease term.  If the landlord decides to sell the property instead of renting it again, s/he has not complied with this requirement and probably cannot charge the tenant for lost rent. 

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Nothing found herein should be construed as an attempt to offer or render a legal opinion or otherwise engage in the practice of law. You should not rely solely on this information. We encourage our clients to work with a lawyer experienced in commercial and/or residential real estate matters as they can be complicated and confusing.