Request for Early Termination of Lease
Lease expiration date: ________________ Move-out date: ______________
Monthly Rent: __________________ Security Deposit on file: ______________
I/We, the undersigned, are requesting an early termination of my/our lease for the above rental property. I/We understand that the conditions of release include an early termination fee.
I/We understand that Pope Mgt. will not begin the application process for the replacement tenant until this signed form has been returned along with the early termination fee of $500.00 payable to Pope Mgt.
I/We understand that I/we will be responsible for paying rent on the first day of each month until the unit is re-rented and a new lease has been signed.
If and when a replacement tenant is found, Pope Mgt will credit any excess rent paid (calculated from the new lease start date) to my/our security deposit return.
In addition to any applicable charges for cleaning and/or damages, I/we understand that the following associated costs will be deducted from our security deposit:
1. All costs for advertising to find a replacement tenant.
Tenant (date) Tenant (date)
Pope Mgt (date)