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Signing a Lease and Tenant move in Coeur D’Alene

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You have done the process of preparing your home for the market, pictures, marketing, etc and now it is finally time to sign a lease and move in. You are so close to getting your rental up and running and working for you.

Let us look at those final steps for moving the future tenant into the rental. The first thing is forming the lease; there are lots of templates to choose from just make sure it coincides with your state compliance.  Make sure you have read and fully understand your lease and all of your and your renter’s responsibilities with regard to the lease.  Your new renters will look to you for explanation regarding these matters and key terms and dates will need to be as direct and concise as necessary. This lease signing time will also allow you the opportunity to set “house rules” with regard to items not specifically spelled out in the lease such as city noise ordinance times, changing of filters and lightbulbs, maintenance responsibilities or any special neighborhood or Association rules.

Once your lease is signed, the next step in performing the move in evaluation. This is so that you and the tenant can be clear from both positions what sort of condition the property is in (whether or not they are going to be repaired should be noted).  This is a good time to note make, model and serial numbers for appliances and size and number of filters and batteries needed for future reference, which is save you trips and time for future repairs or maintenance trips to the property. This is also a hospitable and appropriate time to introduce your new tenant to the property and pertinent aspects they should be aware of while living there, like where the breaker box is, water shut off and how to operate sprinklers, garage door openers etc. Done correctly this process should take approximately two hours of your time.

The last step in this process is to actually give a set of keys, garage door opener, etc to the home to your new tenant. It should be done in this order, you should not hand over keys until you lease is signed and monies due are collected and the walk through evaluation. This action of passing off the keys signifies change in residency.  Once this exchange takes place, you no longer have the right to come and go from your rental home and in order to go to the property and perform any maintenance you must provide the tenant adequate time in advance of entering the property. Make sure the new residents have the means to reach you in case of emergency and know where and when to pay the monthly rent. Give a handshake and a smile to welcome them to the neighborhood.

Congratulation you have successfully and legal done the process of a new tenant move in!

We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.