Quote:
Originally Posted by Firebot
Your tenant is basically on the hook for the full lease until they sublease it, or until you can secure a tenant or you agree to an early termination.
They are responsible for the lease they signed.
You can choose their offer, or be strong on the lease agreement. Alberta is pretty good in terms of laws for landlords.
https://www.alberta.ca/ending-rental-agreement.aspx
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Thanks. At this stage, I don't really have an offer. They told me to keep the security deposit as compensation/to give myself another month to find another renter.
My real concern is I don't really know if I'll be able to find another renter in the month of September with COVID happening and/or if I should reduce my rent to drum up interest but then being able to successfully pass that off to my ex-tenant.