Changing Lease Holder

Changing a Lease Holder: What Tenants Need to Know

If the landlord accepts the change of head lease, there will be no break lease fee penalties that would normally apply. However, our company may need to undertake additional services on your behalf. Please check with your property manager for the cost of these services.

Changing a lease holder is different from simply changing an occupant. As the leaseholder, you are legally responsible for the terms and duration of your lease unless specific circumstances apply. For more information, please check out our [Break Lease Article].

How to Request a Lease Holder Change

If you wish to transfer your lease to someone else, you can submit a written request to us. We will then present this request to the landlord. Please note that the landlord is not obligated to accept a change of leaseholder. However, we will do our best to present your request to the landlord in a favourable light.

To assist us in this process, the new leaseholder must submit an email application. This should be treated as a brand-new application, similar to the one you submitted when first signing the lease. The email application should include:

• The applicant’s background and reasons for wanting to take over the lease
• Their current job or study details
• Any tenant ledgers that they have
• A photo ID
• Recent bank statement