Lease takeover: get out of your lease without breaking it.
Moving, transferring or graduating early? Find someone to take over the rest of your lease so you skip the break fees.
Sublet vs. lease takeover
Sublet: someone takes your room for a few months and you come back.
Lease takeover: someone takes over the rest of your lease and you're out for good. Also called a lease transfer, lease assignment or lease swap.
How a lease takeover works
- Ask your landlord whether they allow lease transfers and what they require.
- List your place with the end date, rent and any move-in incentive.
- Find a qualified person who fits your roommates.
- The landlord approves them and the lease is transferred to their name.
Why it beats breaking your lease
Breaking a lease can mean paying months of rent or a large fee. A takeover usually costs far less, and some people offer a small incentive like a month of rent or free furniture to get it done fast.
Free to join. Takes 30 seconds.
The first 100 in every city become Founding Members and get first pick when it opens.
Questions, answered
Can I transfer my lease to someone else?
Many landlords allow it with approval. The new tenant usually applies like any renter. Ask your landlord what their process is.
Is a lease takeover the same as a sublet?
No. In a sublet you stay on the lease and come back. In a takeover the lease moves to the new person.
Who looks for lease takeovers?
People who want a shorter commitment than 12 months, students transferring in, new grads and people relocating for work.