On a recent trip back home to Missouri, I got to see my latest triplex purchase. And most importantly, I was able to meet and visit with each of the residents living there. I learned that one resident plans to move out in a few months and also that we have a feral cat problem.
Now that I know I will soon have a vacancy, I am putting specific steps in place to start finding great new residents to make the upstairs apartment their new home. And the very first thing I did (after spraying for feral cats!) was give my resident our ‘move-out reminders’ checklist. That form is SO important to help set the expectations for what we expect from departing residents (i.e. what they need to do to get their deposit back) as well as what they can expect from us.
Advice to Landords & Property Managers: Give your resident what they need to make the move-out transition a win-win for both of you (resident and landlord).
Here is a sample of my Resident Move Out Form that I give to my exiting tenants:
[START OF FORM]
Dear Resident,
Your lease/rental agreement requires that you leave your unit in a clean, undamaged and re-rentable condition. Please call and arrange and date and time for us to walk through your unit with you. Your security deposit will be refunded based upon the following criteria:
(or visit www.usps.com and look for the ‘change your address’ link) to receive forwarded mail at your new address.
After you have vacated the rental, it will be inspected for compliance with your lease/rental agreement and the expense of cleaning, repairing damages, etc. will be charged against your security deposit. You will be notified within 30 days of any changes and returns the remainder of your deposit. Best wishes with your future plans.
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