Breaking the Lease Provision
What is the provision I should place in the lease for a tenant who breaks the lease?
The best advice I can give you is to get a lease from your real estate attorney. It will be one of the best investments in your business you can make.
Quote from @Juan Ayala:
What is the provision I should place in the lease for a tenant who breaks the lease?
There should be a process/penalty for terminating early. I require Tenants to give 30 days notice, pay a one-month early termination penalty at the time of giving notice, and they have to let me advertise/show the rental during their final 30 days.
Quote from @Nathan Gesner:
Quote from @Juan Ayala:
What is the provision I should place in the lease for a tenant who breaks the lease?
There should be a process/penalty for terminating early. I require Tenants to give 30 days notice, pay a one-month early termination penalty at the time of giving notice, and they have to let me advertise/show the rental during their final 30 days.
Please give the wording to place this provision into the lease.
Thank you this article was great and point me in the right direction for “Early Termination Clause.”