If so, they get a MTM, and a portion of the deposit is forfeited if they vacate voluntarily within a few months.    

We were going to be 50/50 partners and pay cash for it.In order to bring additional value to the partnership, I forfeited my $3,500 commission and negotiated a bit more and the new all cash price was $104k.  

We asked for a preferred 60 day notice and had a "redecorating fee" added to the security deposit agreement that if they vacated earlier than 6 months, that fee (200.00) would be forfeited from their damage security deposit.

The more important point is that you will forfeit your right to bring suit for damages to the property unless you give the 30-day notice. 3.

Your due diligence on the property should be done before the hearing.Here in CA if you can't close after your 10% deposit is accepted (the winning bidder) you'll forfeit your money..

Your wife could still represent the buying side and forfeit her commission.

By breaking the lease they forfeit the security deposit.. which would be used to cover the next month typically?

I also stated that I would handle the opening and closing of the pool and that any attempt to disturb the pool between the pool closing and opening could forfeit the deposit.

Good luck.Basically, if  you deal with section 8 where I'm from, you forfeit much of the control you have over your own property.

Start by asking the Title company if the insurance is forfeited if you transfer the asset.