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Updated almost 7 years ago, 12/27/2017
Early lease termination fee charged to Military with orders?
Hey fellow investors and professionals. I have a question about charging early termination fee and wondering if anyone knows the correct legal answer. In my leases I include an early termination fee for those who decide to break their lease term. It is written in the lease, and all tenants sign to acknowledge agreement of this potential fee.
Many of my tenants are active duty military, and some receive orders to move to a different duty station in the middle of our lease term. I'm aware that military can legally terminate a lease early if they have a Deployment of over 90 days or a permanent change of duty station (PCS) further than 50 miles away. What I'm not sure of, is if they can be charged an early termination fee or not. Does anyone know what the law says about this?
Input is greatly appreciated!
Tags: Fort Bragg, Fayetteville, North Carolina