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General Landlording & Rental Properties

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Stephan Nemeth
  • Atlanta, GA
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26
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Breaking lease

Stephan Nemeth
  • Atlanta, GA
Posted Jul 30 2015, 18:22

I just bought a fourplex and literally the day after I closed one of the tenants had his job relocated. He still has 8 months left on his lease and he wants to break it.  My initial reaction is to charge a three month rent break fee.  I was just curious as to what other landlords generally charge in this type of circumstance.  Any feedback would be much appreciated.  Thanks in advance. 

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