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View Full Version : Lease Termination Clause for Condo Rental


jcgarner
Jan 15, 2009, 12:55 PM
Can anyone provide/point to a proforma tenant centric 60 day lease termination clause to be added to a standard rental agreement once a verbal agreement is accepted?

ScottGem
Jan 15, 2009, 12:58 PM
I doubt it. This is a matter of negotiation. A landlord doesn't have to provide an early termination clause.

The terms should be simple:

Tenant reserves the right to terminate this lease prior to its expiration by giving 60 days notice and paying a penalty of 2 months rental.

Of course the number of days notice and the amount of the penalty are items for negotiation.

LisaB4657
Jan 15, 2009, 12:58 PM
"Tenant shall have the right to terminate this lease upon 60 days prior written notice to Landlord."