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General Property Management
Tenants Divorcing
J
John M
started a topic
over 15 years ago
I am new to being a landlord so I am not so sure what to do here. My tenants are divorcing and he is moving out of the rental leaving his wife and 2 kids. He has agreed to pay child support and such but she does not make that much money and I am afraid she might not be able to make rent. She assures me she can and wants to redo the lease and take him off of it. Should I do this? They have been good tenants so far but I am considering letting her out of the lease if she want too because I don't want a situation where she cannot pay rent. I'm not even sure I can keep him on the lease anymore now that its not his primary residence. They are about 6 months into a 2 year lease. Plz help, any advice is much appreciated.
1 Comment
J
James P
said
over 15 years ago
It is a complicated situation. Anyone can be on a lease, and sometimes a person can be on there just to insure payment. That may be one consideration. Are they at all amicable? Would he agree to stay on the lease as a sort of guarantor?
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