Lease wording, from the previous Property Manager

[Amanda Thompson]

Hi! I have a tenant who let me know he plans to move out November 30th. He has a lease until Feb. 28, 2022. The lease is from our previous property manager, who was terrible so we fired him and I started my own property management company to oversee our personal properties.

So, this not being my company's lease, I looked it over. It does state the minimum term, and the tenant is responsible for all costs (rent, utilities, advertising, transportation costs to show the property) until either it is rented OR the lease is up.

It also states that there is a $500 "re-rent fee" charged to all tenants who have not completed their full term, or who do not give proper 30 days notice.

Do you read this to mean the tenant is responsible for all the costs AND is charged $500 for leaving early?