Question: I rented an apartment to a young man; he signed a one-year lease and paid the deposit and first month’s rent in full. He moved in today, and less than 24 hours later, he is requesting to get out of his lease because another apartment that he prefers became available. Is there any kind of buyer’s remorse on signing a lease?
Question: I am considering selling a duplex I own. Both sides are rented under one-year leases. A potential buyer said he would need to move into one side of the unit and could not wait for the lease to expire. If there is a sale, doesn’t that terminate any lease I have with the tenants?