Lease Cancelled Prior to Move In Date : ezLandlordForms

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Lease Cancelled Prior to Move In Date

S

Sue L

started a topic over 8 years ago

I received a deposit and signed lease that the tenant decided to cancel 3 days later. I had others who really wanted the property. Can I charge them a fee for cancelling? If so, what is the amount I can charge?

1 Comment

D

Derrick D

said over 8 years ago

You can hold the security deposit and charge them a prorated rent until the day that new tenants sign a lease. They are legally responsible for that. If you do not want to do this as it may cause issues you can let them off and sign a an agreement to break lease with your terms to hold a portion of the money as a cancellation and until other tenants move in.

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