Form for early leas termination?

[FarmerJ]

Your current tenants intentions may be good but things still can go wrong with closings. set aside the early termination and think about it, EG you have a tenant who is not happy and they send to you proper notice to move out so they dont renew , You begin showing and even get a new customer with signed lease . Current tenant finds a new place last day of current tenants occupancy they learn that the place they were going to move into will not be ready for 5 days , the current tenant refuses to leave, Its a civil matter now. You have very unhappy new tenant who insist on being refunded what they paid you ,when you could not deliver, bottom line if they took you to court for failing to refund them and end your lease with them because you did not deliver on date lease promised them one empty unit they found a place that was empty You lose. Same thing happens all the time with tenants who are given notice by a LL to get out . so you reduce the risk to your self of being on the spot with a new customer, not new customers fault. Not your fault. Your current lease with current tenant is valid current tenant cannot get out of paying you for the last two months of this lease so if something blows up on them with the closing or delivery to them for the new house dont make it bigger problem , show the unit if you have fees for screening & application yes you can collect them but available date will be left open = soon as its empty and presentable.

 

[LocalHero]

Your current tenants intentions may be good but things still can go wrong with closings. set aside the early termination and think about it, EG you have a tenant who is not happy and they send to you proper notice to move out so they dont renew , You begin showing and even get a new customer with signed lease . Current tenant finds a new place last day of current tenants occupancy they learn that the place they were going to move into will not be ready for 5 days , the current tenant refuses to leave, Its a civil matter now. You have very unhappy new tenant who insist on being refunded what they paid you ,when you could not deliver, bottom line if they took you to court for failing to refund them and end your lease with them because you did not deliver on date lease promised them one empty unit they found a place that was empty You lose. Same thing happens all the time with tenants who are given notice by a LL to get out . so you reduce the risk to your self of being on the spot with a new customer, not new customers fault. Not your fault. Your current lease with current tenant is valid current tenant cannot get out of paying you for the last two months of this lease so if something blows up on them with the closing or delivery to them for the new house dont make it bigger problem , show the unit if you have fees for screening & application yes you can collect them but available date will be left open = soon as its empty and presentable.

I think I follow what you're trying to say here and yes, if events followed thru as you suggest, I understand that it would not be a good situation but if that were to happen the new tenant would not have to sue me to get me to refund whatever they'd paid me, I would do so willingly and with much apologies even though it were not my fault. The old tenants would be the ones breaking their contract and I think they would be the ones liable for any further damages if there were any.
Now if the new tenant sues me for loss of employment time or other related loss, and I were to in turn sue the old tenants, I realize that the old tenants could claim bankruptcy or some such maneuver and I would still be stuck for the judgement but that seems unlikely and is a risk I'd take.

None of these bad scenarios are likely to happen and I'll feel protected enough with a contract amendment signed by the existing tenants.

Thanks for all help and thoughts, but I'll make my choices here and consider this thread closed unless someone has some new thoughts to add.