Keep your property manager up to date and contact them or customer care with any tenant transfer questions or queries. It is also a handy option if you are living by yourself, as it allows you to avoid any potential fees, such as break lease fees. This means that the tenant taking over your position will have to transfer you the money directly and not go through the bond authority.Ī tenant transfer can be a great option if you live in a share house and need to find someone to replace your room. One thing to note with tenant transfers is that your bond money cannot be released early.

Once they are approved, they will have to sign the lease and bond form.

The property manager will then send the application through to the owner for approval.

They will need to fill out the application form and attach all supporting documents and send it through to your property manager.

The person taking over your lease will then have to apply for the property as normal.

If you have already found someone to replace you, advise them that you will be transferring your lease

Email your property manager informing them that you are moving out.

The tenant transfer process can be a smooth transition if you notify your property manager as soon as you know you will be moving out. For example, if you are six months into a 12 month lease, the ingoing tenant would take over for the remaining 6 months, it does no reset. Transferring the lease means that whoever moves in will take your place from wherever you were up to in your lease. They pay the rent directly to the landlord and are treated as the. The new tenant, your assignee, becomes the tenant under the lease agreement instead of you. A Lease Assignment Agreement is a short document that allows for the transfer of interest in a residential or commercial lease from one tenant to another. Instead of having to break your lease or leaving your housemates with one less person to pay rent, you do have the option to find another tenant that you can transfer your lease to - This is a great way to save on break lease fees and as a bonus, helps out your housemates and property manager. A lease assignment, often called a lease takeover or a lease transfer, is the legal term for when your landlord allows you to pass responsibility for your apartment to another tenant. Once youre qualified all you have to do is let us know what your timeline is and will match you with a lease that best meets your needs. income and background check we can help you find the apartment of your dreams. Moving reason is job relocation, building and management are wonderful.

Move can happen at any time, hoping to do so before February. Looking for someone to take over my lease at 1400 Ouellete Avenue in Windsor, Ontario. Sometimes it just so happens that you need to vacate your property before the lease has ended. Lease Takeover LA Welcome Listing Looking Get Started. LEASE TAKEOVER - 1 Bedroom Apartment Windsor Region.

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