Hello REIN members,
I wanted to know how I could respond to an email from my tenant. In their email, they hinted that they are actively looking to buy a house but haven't found anything yet. They have about 7 months left in their lease. I understand that the Tenancy Act in Alberta ensures the tenants must fulfill the lease agreement, however I also understand it is also the landlords' responsibility to reasonably find a tenant as soon as I have been officially given notice of their leave. Since I haven't been officially given notice with a firm date, I am assuming the tenant is still staying.
In the in term, do you have any suggestions on how I could respond to their email by reiterating to them that they signed a year lease? I am in good terms with the tenants and want to gently remind them their obligations for signing a one year lease with me. In the end, I am hoping they stay the full term. I am just not sure if I should "acknowledge" their hint of finding a place to buy. I am just needing help in wording of the email.
If they do decide to give me notice, I will immediately work with the existing tenants to find new renters. But can you correct me: it is still the current tenants' legal responsibility to fulfill the lease agreement if I cannot find renters during the length of the lease (ie. they are on the hook to continue to pay the rent until the end of the lease)? Basically I want to ensure I can cite the Alberta's Tenancy Act if they decide to exercise this option of breaking their lease. The lease they signed did not explicitly include a penalty clause for breaking the lease. In the future, do you know if I should put in a penalty for breaking the lease?
Thanks,
Franco
I wanted to know how I could respond to an email from my tenant. In their email, they hinted that they are actively looking to buy a house but haven't found anything yet. They have about 7 months left in their lease. I understand that the Tenancy Act in Alberta ensures the tenants must fulfill the lease agreement, however I also understand it is also the landlords' responsibility to reasonably find a tenant as soon as I have been officially given notice of their leave. Since I haven't been officially given notice with a firm date, I am assuming the tenant is still staying.
In the in term, do you have any suggestions on how I could respond to their email by reiterating to them that they signed a year lease? I am in good terms with the tenants and want to gently remind them their obligations for signing a one year lease with me. In the end, I am hoping they stay the full term. I am just not sure if I should "acknowledge" their hint of finding a place to buy. I am just needing help in wording of the email.
If they do decide to give me notice, I will immediately work with the existing tenants to find new renters. But can you correct me: it is still the current tenants' legal responsibility to fulfill the lease agreement if I cannot find renters during the length of the lease (ie. they are on the hook to continue to pay the rent until the end of the lease)? Basically I want to ensure I can cite the Alberta's Tenancy Act if they decide to exercise this option of breaking their lease. The lease they signed did not explicitly include a penalty clause for breaking the lease. In the future, do you know if I should put in a penalty for breaking the lease?
Thanks,
Franco