Tenants separating
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Tenants separating (by Demery [PA]) Jan 24, 2022 9:53 AM
       Tenants separating (by Jim in O C [CA]) Jan 24, 2022 9:58 AM
       Tenants separating (by Demery [PA]) Jan 24, 2022 10:03 AM
       Tenants separating (by Ken [NY]) Jan 24, 2022 10:29 AM
       Tenants separating (by Frank [NJ]) Jan 24, 2022 10:29 AM
       Tenants separating (by Demery [PA]) Jan 24, 2022 10:37 AM
       Tenants separating (by MikeA [TX]) Jan 24, 2022 11:53 AM
       Tenants separating (by Ponari [TX]) Jan 24, 2022 11:55 AM
       Tenants separating (by Demery [PA]) Jan 24, 2022 12:08 PM
       Tenants separating (by Ray-N-Pa [PA]) Jan 24, 2022 1:52 PM
       Tenants separating (by Mike45 [NV]) Jan 24, 2022 7:32 PM
       Tenants separating (by zero [IN]) Jan 25, 2022 6:34 AM
       Tenants separating (by Demery [PA]) Jan 25, 2022 6:45 AM
       Tenants separating (by Hammer [TN]) Jan 25, 2022 7:59 AM


Tenants separating (by Demery [PA]) Posted on: Jan 24, 2022 9:53 AM
Message:

I have a couple that is separating and one has already moved out. The remaining tenant would like her off of the lease. Is there a timeline required to wait until changing the names?

Also, how does the first months rent advance and security deposit factor when he is still there, but they were both on the lease?

Any help would be appreciated!

Thank you,

Demery

--70.44.xxx.xx




Tenants separating (by Jim in O C [CA]) Posted on: Jan 24, 2022 9:58 AM
Message:

The lease stays unchanged until the last person is out. Write one SD check to both names. Not your problem: --99.23.xxx.x




Tenants separating (by Demery [PA]) Posted on: Jan 24, 2022 10:03 AM
Message:

Thank you, Jim!!! That is easy enough --70.44.xxx.xx




Tenants separating (by Ken [NY]) Posted on: Jan 24, 2022 10:29 AM
Message:

Do what Jim said,chances are they will be back together in a month. --72.231.xxx.xxx




Tenants separating (by Frank [NJ]) Posted on: Jan 24, 2022 10:29 AM
Message:

And you still get 1 check/payment for the rent. Don't allow his n' hers payments as is sometimes tried in these situations.

Do you believe that the remaining occupant can afford the payment? --174.206.xxx.xxx




Tenants separating (by Demery [PA]) Posted on: Jan 24, 2022 10:37 AM
Message:

Ah, didn't think of that. Got it, that makes sense!

Thankfully he is able to...he was the only one working and she is the one that left. Nothing should change there

Thank you!! --70.44.xxx.xx




Tenants separating (by MikeA [TX]) Posted on: Jan 24, 2022 11:53 AM
Message:

If he's the breadwinner and the one staying then you could make this a profit center. They execute an early termination with associated fee to terminate the lease early. Then he signs a new lease. Most of us get between 1 & 2 months rent as an ETF. --209.16.xx.xxx




Tenants separating (by Ponari [TX]) Posted on: Jan 24, 2022 11:55 AM
Message:

Both of my tenants asked to have him removed from lease. I told them no, lease ends in 9 months. He produced a domestic violence charge against her so I released him.

First month she’s having issues paying and tells me she has a section 8 voucher - no, not taking it. She then tells me not to charge her late fees bc she loves the house - no, late fees will start the day after due date

Right before 5pm the day after rent is due I get full payment through Zelle from him!! --47.188.xx.xx




Tenants separating (by Demery [PA]) Posted on: Jan 24, 2022 12:08 PM
Message:

Good call Mike, I was thinking about that route!

Lol, Ponari...go figure --70.44.xxx.xx




Tenants separating (by Ray-N-Pa [PA]) Posted on: Jan 24, 2022 1:52 PM
Message:

They are asking you to treat the place like a rooming house and not a dwelling. This is an apartment or SFH house probably so you need to treat it in that manner. The lease should should be jointly and several --24.101.xxx.xxx




Tenants separating (by Mike45 [NV]) Posted on: Jan 24, 2022 7:32 PM
Message:

Sometimes, if they both request me to let one off the lease, and the one remaining is the high earner, I will accommodate. It is better for me to get the "out" partner off the lease.

I do not want to change the locks only to be in a position of having to provide a set of the keys to the "out" partner, because she is still on the lease. But I need the "out" partner to waive all claims to the security deposit, and the "in" partner to accept responsibility for any and all damages.

--76.4.xxx.xxx




Tenants separating (by zero [IN]) Posted on: Jan 25, 2022 6:34 AM
Message:

Mike45, this is what I have done in the past. It has proven to work out for the best. In a couple cases the outed returns and all is patched up, but by that time I don't sign yet another lease.

Had one couple that kept splitting up. He asked for me to rekey the place, which I did because she was coming back and taking his stuff. Well, then she moved back in and got another key. Month goes by and he asks me to rekey again. I did I think two more rekeys and charged him for them. --107.147.xx.xxx




Tenants separating (by Demery [PA]) Posted on: Jan 25, 2022 6:45 AM
Message:

Thank you all for all the help! The view points and additional perspectives were hugely helpful. I appreciate it!! --70.44.xxx.xx




Tenants separating (by Hammer [TN]) Posted on: Jan 25, 2022 7:59 AM
Message:

Good time to think over your policies and fees.

You got some great answers on how to handle the split up.

1. Lease stays in place, joint and severally liable for the rent.

2. Or Do the ETF, Rescreen the tenant who wants to remain, and do a new lease along with screening fees and signing fees.

3. Have a detailed list of fees on your desk. Any requests out of the ordinary course of business should have a fee associated with it. Re-key fee. Second rekey fee (2x the cost) Third Rekey fee (3x the cost). Having fees for everything has reduced our requests for ridiculous stuff to zero. "sure we can remove the door to the laundry room, tear out the wall and put a 38" door in so you can move a commercial W/D you got on craigslist for $200 in your unit. Let me get some quotes from contractors and I will need a $2500 advance and signature on the work order request before they get started. "

4. As to fees, you can always waive a fee if you feel the request is the LL's responsiblity OR are feeling charitable. Having the fees gives you a good tool to keep the tenants on a short leash and YOU accountable for your decisions. --152.97.xxx.xxx





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