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If you decide to break your lease agreement early (i.e. prior to the expiration date) one of the options outlined below may be explored as a remedy.
OPTION 1: YOU FIND AN ACCEPTABLE REPLACEMENT
The resident will either have to find a suitable replacement to continue for the term of the original tenancy agreement. In this case, you will still be charged a $150 administration fee to amend the agreement.
OPTION 2: MANAGEMENT FINDS AN ACCEPTABLE REPLACEMENT
Management team will find a replacement resident on your behalf. However, you will be charged an advertisement fee ($100) and a one-off administration fee of $150 to amend the agreement as well as any additional fees to cancel the tenancy agreement.
IMPORTANT: You are required to continue to pay until an Acceptable Replacement is found.
* If none of the above options are chosen or possible, the original resident is required to continue paying the full monthly rental amount as agreed on the tenancy agreement contract until a suitable replacement is found or until the tenancy agreement expires.