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Hello my name is ***** ***** I will help you with this.Does the agreement allow another tenant to in effect take over?
Ok. if the tenant wants to leave then you have a duty to mitigate your loss.
This means you should allow the new tenant to move in, but that they agree to guarantee the new tenant.
If you are refunding the tenant then the agent should give you the money back to give to the tenant.
You cant be taxed on something you have refunded.
But you should accept the tenant, with guarantor because otherwise it would be unreasonable.Can I clarify anything for you about this today please?
Correct sadly. Because if you dont, then you have failed to minimise any loss.I am sorry. But in any event paying in advance is just a bonus - you are not out of pocket because you will ned up with the same rent overall.
Does that clarify?