LEASE BREAK FEE Clause Samples

LEASE BREAK FEE. You must pay a lease-break fee equal to two month’s rent, with $100 due at the time you submit the Notice to Vacate. The remaining balance must be paid 7 days prior to the move out date. If either payment is missed, management may reject/rescind the early termination of your lease. If you decide to cancel your termination submission, and management approves, the $100 paid at the time of notification will be kept as a cancellation fee.

LEASE BREAK FEE. If Tenant abandons the Premises prior to the expiration of this Lease, Tenant agrees to liquidated damages equal to 50% of the of the base rent or the new rental rate, whichever is higher, to cover the Lessor’s cost of advertising and re-renting the Premises, and to continue to pay rent until the unit is leased and receiving rent from an approved tenant, not to exceed the expiration of the lease.

LEASE BREAK FEE. If Resident abandons the Premises prior to the expiration of this lease, Resident agrees 1) to pay Lessor the balance of a 60 day notice to vacate, 2)to pay Lessor liquidated damages (“Lease Break Fee”) in the amount of $2,500 Two Thousand Five Hundred Dollars and any one time concessions (0.00) as listed (section 4) and any discounts received to date. Resident agrees that the lease break fee is a liquidated damage amount agreed to by Resident in consideration of, among other things, Owner’s waiver to seek from Resident future rent for the entire amount of any uncompleted rental term, plus re-letting related fees, costs, and expenses in the event of Resident’s default. If a Lease Break Event occurs, Resident and Owner intend and agree to fix and liquidate Resident’s liability for future rent and re-letting damages. For the reasons stated and because the re- renting of the Premises after Resident breaks this lease cannot be determined with any certainty, Resident agrees that the lease break fee agreed to be paid by Resident upon the occurrence of a Lease Break Event represents a fair amount and method to allocate the numerous risks and liabilities regarding future rent and re-letting damages between Resident and Owner. Resident agrees the lease break fee only relieves Resident from liability for the future payment of base monthly rent and re-letting related costs and expenses. Resident’s agreement to pay the lease break fee and repay any concessions, or Resident’s actual payment of the lease break fee and repayment of any concessions shall not under any circumstances release Resident for any liability to Owner under this Lease for any other charges or amounts due under the Lease, including but not limited to unpaid utilities, cleaning charges, or any physical damages to the Premises, and Resident shall at all times remain liable for said amounts or any other breaches of the Lease. Owner shall retain all remedies for Resident’s breaches and other non- compliance with the Lease. Resident shall not be released from liability on this Agreement for any reason whatsoever unless specifically released by Owner in writing.

LEASE BREAK FEE. In the event Tenant fails to fulfill their Lease period, or defaults in any other condition of this lease, Tenant shall be charged a $1,000.00 lease breaking fee and be responsible for showing the property, in addition to paying rent and utilities until the property is re-rented or the lease term ends which ever happens first, plus any and all other charges and/or damages to which Landlord shall be entitled pursuant to this Lease.

LEASE BREAK FEE. If You terminate this lease before the end of the lease term, You will be liable to pay a lease break fee equal to one month’s rent. This is separate from and in addition to the Notice Fee.