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Updated about 1 year ago on . Most recent reply
Early Termination clause in Lease
Does anyone have a good example of an early termination lease clause for an Indiana lease in the case that we might want to sell the property, and is fair to both LL and Tenant?
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Colleen F.
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Colleen F.
#2 Personal Finance Contributor
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#2 Personal Finance Contributor
- Investor
- Narragansett, RI
@Mike Grable you could just have a month to month lease. Or make the lease renew every 6 months. There is no rule that you have to have a one year lease. You do take the risk that you will actually get a tenant that only wants the place for 6 months.