What is Equity Residential's policy on early lease termination?

Equity Residential's policy on early lease termination allows residents to end their lease early; however, specific conditions and fees apply. Upon requesting early termination, residents need to provide a written notice detailing the reasons and desired move-out date. The lease will then be reviewed, and if approved, the resident may be responsible for paying a predetermined fee as well as any remaining rent until the end of the notice period or until a new resident assumes the lease, whichever occurs earlier. The fee may vary based on several factors, including the length of the remaining lease period. Equity Residential aims to accommodate residents' needs while ensuring a fair process, but it is advisable to review the specific terms of the lease agreement for further details on early lease termination.