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Updated about 1 year ago on . Most recent reply

Early Termination Requested by Tenants
Hello,
My tenant would like to terminate his rental contract with me and I would like to grant him that. I am interested in letting him pay 200% of the current rent. I don't want to call it a reletting fee as I do not expect him to pay for rent until a tenant replaces him. What would this fee called? is it early termination fee? and is there any template for this type of agreement I could use?
Thanks,
Helen Z
Most Popular Reply

Nathan Gesner
Property Manager
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- Real Estate Broker
- Cody, WY
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Early Termination Fee. You should have a written agreement that states what they are paying, when they are paying it, when they will be out, what happens with their deposit, etc.
Connect with me and send a private request and I will share my form.
- Nathan Gesner

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