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Help with Renter

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Colorado Guy

Thread Starter
Feb 9, 2003
Professional Status
Certified Residential Appraiser

I'm a first time landlord. Have rented/leased by ranch for over 3 years and all has been well - up until this month.

I rec'd a call from my renter about 2 weeks ago stating they wanted out of the lease. Lease runs from Dec 1, 07 until May 1, 08 and is a strong lease (prepared by a RE Attorney). I have called 6 or 7 times to return the call, but it just goes straight to voice mail. I do have their SSAN and DL #s.

March 4 (tomorrow) the rent is 3 days late. There is a late clause in the agreement. I have prepared a 3-day Demand Letter and will post this on the front door tomorrow. Then the fun of kicking them out of the home begins. In Colorado I understand this takes about 2 week.

I have already placed the property on the local MLS (rent or sale).

I was just looking for any constructive advise from you all (other than do not be a landlord - believe me if I could sale this I would!)

Mike Boyd

Elite Member
Jan 18, 2002
Professional Status
Retired Appraiser
If they really wanted out of their lease (DUE in May), offer to let them out IF their rent is current and have not damaged the house. I hope you got an adequate security deposit. Do not reimburse them the deposit until after they move out and you have inspected the house. Make a list of any damages then deduct all labor and materials from their deposit. You will have to sue in small claims court to get a judgment for unpaid rent and damages that exceed their deposit. However, this is California law and it might be different where the rental house is located.
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