The buyers agent wants me to sign a release of escrow back to the buyer.What if I don't sign it?

@Matthew Shay Sounds like you could have a good deal if you can get a release from the current tenant.

For us this lease break fee covers the cost/time of releasing the property, especially if you have a property manager. 

The early termination fee, from other Property Management leases and forums that I reviewed is to 1) discourage a tenant from breaking the lease early in the first place but financially 2) cover the costs of advertising, showing the unit, etc involved with re-leasing the unit.

The only concession I got from him was (1) He and all crew members will sign a hold harmless release of waiver of liability form in case any of them got injured, and (2) cash means I will write him a check in his personal name.So I do have cancelled checks to individual names, even on the check I wrote a reference "debris clean up @ address". 

If you go that route you need several documents to protect you and effectuate taking over mortgage payments (POA, notice to release, etc. )If you only have a strict 90 days to do this then in your agreement that should be spelled out but several things depend on your relative and how secure he wants to be in the fact that you will basically hand the house back over to him at the end of 90 days if you haven't sold it.

(This particular municipality doesn't release usage stats, either aggregate or by address nor have any figures been shown.

@Wayne Brooks  I don't know about your short sales.. but I know when my wife did a few and one specific I remember was a dentist who wanted to be a flipper  and was upside down about 100k.. the bank made him sign a prom note to release him.. so even though my wife closed the short sale the doc still owed 100k over time. 

It's not as slanted as they make you think it is.Screening tenants should include a current or most recent landlord reference and a confidentiality release for the state police social worker. 

Releasing the Series LLC to the general public was feared to be, in the words of noted LLC expert Tom Rutledge, like "giving an Uzi to a three-year old".