Important information about a Transfer of Possission
Current leaseholder must be in good standings and not under Notice or Eviction
Future leaseholder must meet credit and income requirements for applicant approval
Current leaseholder must agree to transfer security deposit and refurbishing fee to perspective leaseholder.
Future leaseholder is responsible for any current or existing balance.
Current leaseholder must sign notice of move out for date of approved transfer.
Prior to the Future tenant signing new lease, a property Manager must walk thru apartment with current and future leaseholder to note current condition of apartment.
Future leaseholder must agree to accept apartment in current condition and will be responsible for any damages above normal wear and tear at move out.
Future leaseholder's rent starts on first of month following approved transfer.