Lease Termination Options

Life brings change. We want to help you make your transition as simple as possible. Here are several options for terminating your lease.

Certain restrictions apply. Options subject to change without notice. Every option is not always available on every property and is subject to property owner approval. Nothing here or elsewhere supersedes your written & signed lease agreement, and any changes to that agreement must be signed by all parties to the lease.

Lease Fulfillment

Cost: Low  Speed: Low Work: Low

What You Do

• Continue paying rent and utilities through the end of your lease

Lease Replacement

Cost: Medium  Speed: Medium Work: Low

What You Do

• Pay a Lease Replacement fee equal to one month’s rent
• Sign a Lease Replacement Addendum
• Pay rent and utilities until a replacement is found 

What You Get

• Release from liability to pay rent or utilities once a replacement is found
• Security deposit less move out costs

What We Do

• Advertise and show your property
• Release you from your liability to pay rent and utilities once a replacement is found
• Return your security deposit less move out costs

Lease Buyout

Cost: High  Speed: High Work: Low

What You Do

• Pay a Lease Buy-Out fee (between 1 and 12 months' rent)
• Sign a Lease Termination Addendum

What You Get

• Release from liability to pay rent or utilities

What We Do

• Release you from your liability to pay rent and utilities
• Return your security deposit less move out costs

Tenant to HomeOwner 

Cost: Low   Speed: Medium  Work: High

What You Do

• Work with one of our Realtor partners
• Purchase a home

What You Get

• Find your dream home and close the deal. 
• Potentially save you thousands of dollars during your transition to a homeowner.

What We Do

• We help take the pain out of closing on your new home and the end of your lease
• We set you up with a real estate agent who understands your needs and we work with you to help you end your lease early.
• Once you've put a purchase offer on a house, we will start working to find a new tenant to take over your lease once you move out.

Frequently Asked Questions

Q: How do I pay the the fees? A: Through your Resident Portal. We will post the charges and you can pay them the same way you normally pay rent.

Q: How do I advertise for a replacement resident? A: Let everyone know: family, friends, coworkers, and other connections. Advertise on Facebook Marketplace, Craigslist, and anywhere else you can get the word out.

Q: When do I sign the Lease Termination Addendum and pay the fee?  A: For the Lease Buyout and Lease Replacement options you will sign and pay upfront. The addendum can be signed through your Resident Portal.