Posted by Kristin on January 14, 1999 at 11:31:22:
Check your lease agreement. Unless there is an automatic renewal in the lease (it’s doubtful that you used one)you have the right to terminate at the end of the lease, without explaining your reason.
Make sure that you send a notice the full 30 days prior to the end of the lease (certified, return receipt) telling the tenant that you will not be renewing his lease.
If he asks why, you aren’t required to tell him, but if you feel uncomfortable saying “just because” tell him you have an interested buyer, or whatever. If he ever contacted you later, and said “hey, you didn’t sell that property”, just tell him that’s the nature of the business. Deals fall through sometimes.