Mid-Lease Move Out
Stewardship Properties does not break leases. However, as written in your lease, you are welcome to move out at any time during your lease period as long as the following steps are completed. It is important to note that your responsibility of the lease will not be relinquished until the expiration of your lease.
Have any interested renter fill out an application completely and turn it into the office. If you were required to have a co-signer we will ask that any renter signing onto your lease also acquires a co-signer. At the top of the application please write your name with your address along with a current phone number where you can be reached.
It will take two to three days to get back to you and your potential resident so please plan in advance.
Once approved the potential resident will need to make an appointment to sign onto the lease. If there are multiple new residents it would be helpful for them to come in at the same time.
Lease Revision Fee:
The Residents singing the Rental Agreement agree to pay a $100 Lease Revision Fee upon Subletting and also when adding new tenants to the lease. This fee is due upon siging of amending the Agreement or paperwork associated with a Change in Tenancy.
Stewardship does not return deposits before the 30 days following the lease end date. This makes it your responsibility to collect a deposit from the new residents and sign your deposit, which is being held by Stewardship, over to the new resident to be returned to them after the lease end date (you may request a form for this from the office). The other option is to not require a deposit payment from the new resident and wait until the lease ends to have your deposit returned to you. If you occupy a house it is good to remember the entire deposit will be returned to the house manager so you will want to make sure they will distribute it equally to the rest of the residents.
Remember, you are still on the lease. You and the new resident will hold equal responsibility for any balance due. A balance due could include unpaid rent, or cost of damages exceeding the deposit. This means if any balance owed is left unpaid, all names on the lease will be held financially responsible.