When we receive notice that a tenant is moving out, our goal becomes getting that property re-rented as quickly as possible. After all, no tenant means no cashflow.
Our lease requires our tenants provide us with at least a month’s notice of their intent to move. Most have been very good with that request, giving us plenty of time to market the property and hopefully get it re-rented. Of course re-renting the property means showings. After all, how many people do you know that will rent a property sight unseen?
Showing the property can cause some difficulty. Your tenant still has possession. It is their home. They do not have to let you in to show the property. They could potentially make you wait until they have fully moved out.
How do we handle this? As simply as possible.
We have the following clause in our lease which the tenant reviews and signs upon move in.
“Tenant will allow Manager access to show their apartment with 24 hours notice.”
Problem solved.
Whenever a prospective tenant lets us know they wish to see the apartment, we let them know that we have to give 24 hours notice and that we will get back with them to set up a time. After contacting the current tenant and providing the notice, we then set up a time to show the property.
This process may seem a bit cumbersome, but it really is for the best. It protects everyone’s rights and generally leaves everyone happy.
Most of our tenants understand the need to re-rent the property and really appreciate the notice. Yes, there are a few that grumble every once in a while but we just remind them of the clause in their lease.
Remember your tenants have possession until they move out. Use this simple clause in your lease to avoid any problems and help you get your units re-rented as soon as possible
Thanks, great suggestion!
Glad to help Dennis.
Thanks for reading and commenting,
Kevin