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    jcgarner's Avatar
    jcgarner Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jan 15, 2009, 12:55 PM
    Lease Termination Clause for Condo Rental
    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's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    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's Avatar
    LisaB4657 Posts: 3,662, Reputation: 534
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    #3

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