The penalty is $500 a day up to $10,000 and two years in Federal Prison. 

Other reason could be a pre-payment penalty clause, or the lender does not want to inherit an early pay off. 

Whenever we have a tenant like this, we immediately give them the option to break the lease without penalty.

You can go up to 80% but the rate is not worth the extra 5% in most cases.The other thing to look at is if you have a prepayment penalty and if so how many years you have left on any of the three properties, if not than your good to go!

However, this often requires negotiation with Evolve and coordination with guests to ensure a smooth transition.Cancellation Penalties: Be mindful of any cancellation clauses in your contract with Evolve.

Pre Payment Penalties of 2-3-5 years are common but can be bought out of in upfront points or increased interest rate.

You should have a general understanding of what pets you will allow, what you will charge, pet rules, penalties for violations (sneaking in additional pets), etc.

.- Consider the loan terms, interest rates, and any prepayment penalties.

The late filing penalties are around $200 per Month per Member/Partner if you miss the filing date.

Prepayment penalties- usually 1-5 year terms.