My question involves landlord-tenant law in the State of: California
I own a beach house in California that rents for $4,410 per month. The current tenant, who is 2 months into a 1 year lease, has lost his job and moved back to New York where he is from, in search of work. He has left the house vacant, put his own lock box on it and is running for rent ads, attempting to find a replacement tenant to take over his lease. So far he has been paying rent on an empty house. Now that he has moved out of state, I expect his rent payments to end as when it comes to money he has always been a difficult tenant, trying to negotiate lease renewals at lower dollar amounts than the previous years.
I believe he has asked my property management company to let him out of his lease as they have asked me to lower the rent and allow a move in special of one month free. (Winter months are hard to get new tenants and rentals sit empty because no one wants to pack and move around Thanksgiving, Christmas or New Years.)
I do not wish to let the tenant out of his lease unless a new tenant paying the same rent can be found. However, should he default and stop paying, I anticipate suing him for the unpaid balance of the lease and getting a default judgement somewhere in the neighborhood of $40,000 + costs. He is/was a successful businessman and I suspect he has the assets, but they are in New York. I have never been in this position before. How difficult will it be to locate his assets and domesticate a judgement in New York?