What if one of us wants to leave during the term of the lease?

In most cases, our leases are “Joint and Several,” meaning that everyone who signs the lease becomes the “Lessee”.  The Lessees are responsible individually and as a group to fulfill the obligations of the lease, including rent and damages. So, if one of you wants to leave, it can only be with the written permission of the other Lessees in the form of a Lease Assignment or Security Deposit Release form.