Most of the time, the penalty fee for breaking a lease in Virginia is one or two months of rent. Some places it's two months rent to break a lease.Other places, if you break a lease you are suppose to pay the full lease term. The lease is 12 months with no automatic renewal. • Rent is paid in 12 monthly payments. A Virginia monthtomonth lease agreement is a rental contract between a landlord and tenant that can be terminated at will. We only sign leases when the property is ready to be moved into! Require the tenant to provide them advance written notice of at least 30 days prior to moving out. Pay a penalty fee of between one-and-two months' rent. Review § 55.1-1204 of the Virginia Residential Landlord Tenant Act (VRLTA) for more details.