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 Contract Cancellation Policies for Fall 2026/Spring 2027 

The lease is based on your school status. You must be a UNC student to live at Granville Towers, so if you are withdrawing or are not accepted to UNC, the lease provides options for cancellation based on the following criteria: 

If you are NOT accepted to UNC (page 2, item #2, paragraph “Pre-term termination by residents,” (A) 

  • You must provide written notice 30 days prior to the start of the lease that you were not accepted to UNC. 
  • You will need to provide documentation of denial of admission. 
  • If you do not give 30 days’ notice, you will owe a $250 cancellation fee. 

If you ARE accepted to UNC but decide NOT to enroll (page 2, item #2, paragraph “Pre-term termination by resident” (B) 
  • You must provide notice 60 days' prior to the start of the lease that you will not enroll at UNC. 
  • You must provide documentation of your non-enrollment status at UNC. 
  • If you do not give 60 days’ notice, you will owe a $250 cancellation fee. 

If you are enrolled at UNC and no longer want to reside at Granville Towers, you have the following options: 

The lease does not provide specific terms for cancellation during the term if you are still attending UNC. However, the lease does provide guidelines (page 5, item #14, last paragraph in bold). 

In the interest of being fair and consistent with all of our customers, we have set a predetermined policy at the start of each leasing season so that policies are implemented in a uniform manner. For the Fall 2026/Spring 2027 term, the options are as follows: 

The resident is responsible for their lease, but may recruit a replacement tenant to fill their “space” at Granville Towers. In order to serve as a replacement tenant: 
  • The replacement tenant must be enrolled at UNC for the term of the lease. 
  • The individual cannot have an existing application or lease with us for the term of the lease (2026-2027). This policy is explained in item #29 of your lease, Assignment. 
  • The Replacement Tenant Form must be completed and submitted to the Leasing Manager in writing prior to them applying online (or in person) to satisfy the assignment requirement.
  • Pay a $200 relet fee. 


If Granville Towers has a waiting list at any point after, we will do our best to assist in finding a replacement tenant that wishes to live at Granville Towers. If we have a waiting list and can replace your lease, you would owe a relet fee of $200. 


1 The lease dates for 2026-2027 are August 15, 2026 – May 8, 2027 
2 30 days’ notice for 2026-2027 is July 16, 2026 
3 60 days’ notice for 2026-2027 is June 16, 2026 

Updated 02.25.2026