Contract Cancellation

Early Lease Termination Policy

In the event a tenant requests to terminate their lease before the end date stated in the agreement, the following terms apply

Standard Responsibility Upon Early Termination

If a tenant ends the lease early:

•⁠ ⁠The tenant remains responsible for the full rent through the lease end date, as originally agreed.
•⁠ ⁠The tenant is also responsible for any costs related to advertising and preparing the unit for a replacement tenant, including but not limited to:

* Painting
* Cleaning
•⁠ ⁠In addition to other legal rights and remedies, Rexidence reserves the right to pursue remedies under California Civil Code §1951.2.

Optional Reduced Penalty (If Approved)

If a tenant:

•⁠ ⁠Submits a written request to terminate the lease at least 30 days in advance, and
•⁠ ⁠Receives written approval from the Lessor, and
•⁠ ⁠Moves out on or before the end of the 30-day notice period, leaving the unit neat, clean, and in good repair —

Then, at the sole discretion of the Lessor, tenant’s financial responsibility may be limited to:

•⁠ ⁠Last month’s rent, plus
•⁠ ⁠A $1,950 early termination penalty

Important Notes

•⁠ ⁠Approval of early termination and reduced penalty is not guaranteed and is subject to Lessor’s discretion.
•⁠ ⁠The tenant remains responsible for:

* Any unpaid rent
* Any damage to the premises beyond normal wear and tear
•⁠ ⁠The security deposit and last month’s rent may be applied toward any outstanding balances under the lease.