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Change of Tenants Named on Lease Agreement
Adding Tenants – Any adding of new names to a lease agreement will incur a $250.00 administration fee. This cost must be paid up front before Coral Sea will process any application or forms.
Removing Names – WE CANNOT REMOVE ANY NAMES. Your lease agreement is a financially binding agreement and this has been based on all tenants listed so we cannot under any circumstances remove any names from the lease.
New Tenants being added to a Lease Agreement – must follow a full application process and be approved, prior to being added to the lease.
Changing all Names on the Lease Agreement – In the event that all names on the lease agreement are changing, this will be treated as a ‘Lease Break’ and the normal early termination rules will apply.
Click HERE or the photo below for information on a ‘Lease Break’.