breaking the lease early : ezLandlordForms

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Meleah N

started a topic about 8 years ago

What is the typical early termination fee when a tenant breaks a lease early? My tenant only stayed 1 month of a 12 month lease and has not paid the current months rent.

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Bill F

said about 8 years ago

I would charge at least one months rent, or however much you required for the security deposit. you also should receive the money for the month they stayed. Technically they signed a lease for 12 months and are responsible to pay for the full twelve months but when I allow an early termination, I require them to pay at least one month!

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Laura H

said about 8 years ago

Did you mention any clause related to breaking the lease? In my rental agreement, agents at Cloud Real Estate made sure this clause is mentioned.

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Susan S

said about 8 years ago

2 months plus forfeit of deposit, in the lease, signed and initialed from day 1, so there are no misunderstandings. I also reserve the right to make exceptions as I see fit as life is not always predictable. If I can re-rent without losing a month, I will return the second month's rent money.