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Marie Manning - The early termination of our tenant was dealt with efficiently and effectively. We can't thank the team at Rental Trends enough for their professionalism in dealing with tenants who abandoned our property. Having secured these tenants from a different agency, which we left due to poor management, Ann and Sarah managed their abandonment with such efficiency that the unfortunate experience has had little impact for us as landlords....
How do you terminate a bad lease agreement?

Having to terminate a bad lease agreement is something you dread occurring as an owner of a rental property. In a perfect world, every rental experience would go smoothly – but if you’re experiencing hassles with a bad tenant and want to take steps to terminate their contract, discuss this with your property manager and educate yourself on your rights. |
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When do you have the right to terminate? As an owner, you have the right to give notice and end a rental agreement (whether fixed or periodic) or take a matter to court if one or more of the following situations have occurred:
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There are laws surrounding a tenant who is behind on their rental payments, which is a breach of their tenancy agreement. Often, if a tenant remains in breach of their agreement, you are entitled to terminate the agreement and, if necessary, enforce the termination through court. For issues other than rent not being paid that are in breach of the rental agreement, it's important to review the laws in your State or Country. These laws should also cover lease terminations if you are in the unfortunate situation that your premises have been rendered uninhabitable through a natural disaster. Alternatively, if you are dealing with a problematic tenant, but their fixed-term lease is coming to an end, you can often choose to end the tenancy prior to the expiry date. Again, before proceeding with the end of the lease, it's important to review the laws in your area. |