Topic: Break fee: good for tenant or landlord? – FLAT CHAT

This topic has 1 reply, 2 voices, and was last updated 14 years, 11 months ago by .

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15/10/2011 at 3:54 pm #7726 Reply | Quote
cleid
Flatchatter
My landlord is asking me to sign a lease including a break fee of up to 6 weeks rent. I've asked to have this term removed, since I there is a high demand where I live and I can't imagine a unit not being rented out for more than 1-2 weeks.

However, I'm also worried that this raises my liability from the aforementioned 6 weeks to much more, if I happen to need to move out in the middle of the 12-month contract.

So what is the general consensus on break fees? Are tenants advised to ask for a break fee in the lease or not?
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Reply To: Break fee: good for tenant or landlord?

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