
What is apartment turnover checklist?
Tenant Hands in Notice of Intent to Vacate
As soon as your renter informs you that they will be moving out, you should put their departure in writing as soon as possible. After that, you will need to have your renter sign it as evidence that they are aware of the change in the terms of their tenancy. When you have received the official notice that your tenant is moving out, you will need to send them a written copy of any specific move-out instructions as well as any expectations regarding the condition of the property.
Tenant Returned Keys
Your tenant’s final task, following the removal of all of their belongings from the rental unit, will be to hand over the keys to the property. Having said that, owners of rental properties need to be aware that a tenant is not considered to have fully surrendered a home until the keys have been returned. Once you have the keys in your possession, you can safely assume that your renter has moved all of their possessions out of the flat and will not be returning to retrieve any personal items.
Make arrangements for a move-out inspection.
It is time to conduct a property inspection either while the renter is handing back the keys to the rental unit or immediately after they have done so. Because tenants have the legal right to be present during inspections, it is simple to finish this while they are returning the keys to the rental property. During the walk through of the property, the landlord or an employee of the inspection company should take photographs to record any faults or damages that are found within the rental unit.
Make a Record of Any Problems You Find.
After the inspection is complete, carefully go over the images and any notes you took to establish whether or not the property had any damages. After that, you will be able to carefully consider whether or not any damages are significant enough to warrant keeping some of the tenant’s security deposit. If you choose to keep any portion of the security deposit, you are required to provide the renter with an itemized list of the deductions you made from the deposit.
What does apartment turnover mean?
A renter turnover occurs when an existing resident decides not to renew their lease and moves out of the property instead. The apartment turnover process is defined by the cleaning and maintenance duties, as well as the procedure of signing a new renter.
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Property Turnover Sheet
Summary
A renter turnover occurs when an existing resident decides not to renew their lease and moves out of the property instead. The apartment turnover process is defined by the cleaning and maintenance duties, as well as the procedure of signing a new renter.