How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Richard Your Own Question
Richard, Lawyer
Category: Real Estate Law
Satisfied Customers: 55314
Experience:  32 years of experience as lawyer in Texas. I'm also a Real Estate developer.
Type Your Real Estate Law Question Here...
Richard is online now
A new question is answered every 9 seconds

Hello, I have a landlord related question. I have a tenant

This answer was rated:


I have a landlord related question. I have a tenant that recently moved into a condo I own (in Maryland) and they are finding that they are struggling to make the monthly payments since their income situation has changed. So far, they have been 15 days late on their payments two months in a row. They have a year long contract with me and I believe they are afraid to break that. I would like to let them know that if they would like to break the contract and move out, that I would be willing to agree to that and not seek recourse. Would I be opening myself up to any legal issues by telling them this? What would be the best way to state this?

Welcome! My goal is to do my very best to understand your situation and to provide a full and complete answer for you.

Good afternoon. They are currently in default and thus you could terminate the contract with recourse. You can contact them and let them know you know they are struggling and are willing to discuss a resolution to their situation, including a possible termination of their lease without recourse but that they should be aware that until you come to a resolution upon which you both agree, any settlement offers that get put on the table from either side are not binding on either party. That will allow you to discuss this situation without giving up any of your rights under your current lease.

Thank you so much for allowing me to help you with your questions. I have done my best to provide information which will be helpful to you. If I have not fully addressed your questions or if you have any follow up questions, or if I have misinterpreted your questions in any way, please do not rate me yet, but simply ask a follow up question without rating so I can provide you with a fully satisfactory answer. If I have fully answered your question(s) to your satisfaction, I would appreciate you rating my service with 3, 4, or 5 faces/stars so I can receive credit for helping you today. I thank you in advance for taking the time to provide me a positive rating!

Richard and other Real Estate Law Specialists are ready to help you
Thanks so much for the positive rating and the generous bonus! I appreciate your kindness and the opportunity to serve you! If I can be of assistance to you in the future, just look me up and I will be happy to help! For easy access, my bookmark is:

Related Real Estate Law Questions