Lease Transfers & Subleasing
*We are not processing requests for Lease Transfers between June 1st and July 30th. NO EXCEPTIONS.
If something comes up and you need to have someone take your spot on the lease for the rest of the year:
- Email info@ivproperties.com and let us know you'd like to apply for a lease transfer.
- You need to have the new roommate fill out an application. They will need a Guarantor. IVP will email them both links for applications.
- You, the new roommate, everyone currently on the lease, as well as all Guarantors, will need to complete a Lease Transfer Addendum.
- The fee for Lease Transfers is outlined in your Lease.
- A Lease Transfer must be fully executed before anyone new may move into your residence.
- No portion of the Security Deposit is returned with a Lease Transfer. The outgoing roommate will sign their interest in the deposit to the tenants staying in the unit.
If you are looking to Sublease for part of your term:
- Email info@ivproperties.com. Subleases must be approved in advance.
- You, your subleaser, and everyone currently on the lease, will need to agree with the Sublease and sign a Subleasing form.
- The fee for Subleasing is outlined in your Lease.
- A sublease must be approved buy IVP, and Sublease form be fully executed before anyone new may move into your residence.