Common Contracts

1 similar Lease Takeover Agreement contracts

By the lease entered into on between
Lease Takeover Agreement • March 7th, 2015

Option 1 - Upon the signing of this agreement, I agree to refer/provide a new qualified resident to take over the lease, and pay Management Services Corporation a lease takeover fee equal to half a month’s rent ( ). If the lease is a current lease or a renewal, the new resident agrees to take the apartment “As Is” under this option. The new Resident must sign an “As Is” Agreement. If the obligated Resident’s lease term has not yet commenced, the apartment will be cleaned/turned and the restoration fee owed, unless the new resident specifies the desire for an “As Is” Agreement.

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