- Chicago, IL
- Votes |
I understand this is not legal advice.
What's the clause you are using for a 60 day buy out option on a Lease?
Here is my proposal
“This allows either the tenant or the landlord to break the lease without penalty as long as they have provided 60 days’ notice and two months break lease fee ($300). 60 days’ notice begins on the day that the fee is received. If the tenant moves out before the end of the 60 days’ notice, the additional days will be accessed as a fee.”
Initial Tenant: ______________
Initial Landlord: ______________