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: $

Speed: Slow

Effort: Low

What You Do

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

What You Get

Your current lease terms continue as normal.

What We Do

Manage your property through to the end of your lease.


Lease Replacement

Cost: $$

Speed: Medium

Effort: 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 resident is found.
  • Security deposit (minus move out costs, if any).

What We Do

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

Lease Buyout

Cost: $$$

Speed: Fast

Effort: Low

What You Do

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

What You Get

  • Immediate 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: $

Speed: Medium

Effort: 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. 
  • Potential savings of 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.
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