> Again here, I've never heard of a residential lease with a fee-based termination clause, nor prepared one or had one as a tenant. One possibility is that it's not legal in areas I've lived but I don't know. I'm visiting the attorney (now ret) this week so I'll ask.
I've literally never had a residential lease that hasn't included a termination clause. Generally speaking, both parties agree up front that the other party may request termination in exchange for compensation (in my experience, 3 months rent is typical, although I've seen fixed payments as well).
Commercial is a different beast, since generally subletting is approved, and space customization is expected (the business will adjust the space as needed for commercial use, like changing walls, installing shelves/chairs/tables, adding or removing kitchen space, etc.)
I've literally never had a residential lease that hasn't included a termination clause. Generally speaking, both parties agree up front that the other party may request termination in exchange for compensation (in my experience, 3 months rent is typical, although I've seen fixed payments as well).
Commercial is a different beast, since generally subletting is approved, and space customization is expected (the business will adjust the space as needed for commercial use, like changing walls, installing shelves/chairs/tables, adding or removing kitchen space, etc.)