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5 Comments on MR. PROPERTY MANAGER I AM VACATING MY RENTAL HOME BECAUSE IT IS NO LONGER SAFE TO LIVE IN
Though I do not deal much with rentals and property management, Harry, I can imagine that it's not easy to be a property manager, too.
I am very busy at this time with systems and processes in place
I allow 10 days to 2 weeks BETWEEN tenants is my fixed-term annual leases to take care of ANY and all repair issues with regard to the property. I rarely take properties with a "list" of repair issues and fortunately, I don't have residents WARNING me they are leaving.
Monitoring the situation when residents have looked an issue up on the internet to fit their circumstances is all a property manager can do....be ready to act - get keys, change utilities, REmarket!
There was nothing wrong with the home. Tenant wants to get out of their lease because they purchased a home. Still have six months on the lease.
Harry,
We ALWAYS write an early termination clause in every lease. It's 60 days notice, pay through that time AND pay a two month rent penalty for leaving early. The owners have the same right. So far, at least 15 tenants have done this and ALL PAID the fee.
If folks want out they will go, we just like to clearly spell out what that will cost them.
All the best, Michelle