Lease Break Fees Clause Samples

Lease Break Fees. In the event a tenant breaks their lease contract, and Agent is able to obtain fees from tenant; using such fees, Agent will reimburse Owner for lost income up to 45 days or up to date Property is re-rented, whichever comes first. This reimbursement is contingent on the Owner allowing Agent to re-list Property for rent. If Owner decides to repossess Property, list Property for sale, or limit Agents ability to re-rent Property in any capacity, Owner will forfeit any/all monies collected from the lease break fee.