Landlords - What to Do at the End of Tenancy
The end of a tenancy is often a busy time for a landlord, as there are several things to take care of. Not only do you need to wrap up your tenancy with your current tenants, but you’ll also have to prepare the property and necessary paperwork for the next ones.
Below, you’ll find a checklist of what to do when the end of the tenancy comes around. If this is the first time you're concluding a tenancy, it’s crucial to ensure you don’t miss any critical steps. On the other hand, if you have ended many tenancies before, you might find a tip or two to optimize the process and cut down on some of your workloads.
Let’s dive in!
Confirming the End of Tenancy
If you’re ending a tenancy, you must give your tenants notice. Usually, this becomes due a month before the end of their tenancy, but this depends on the agreement you have in place. Even if the tenancy was contracted to only last for a set period, it is good to check in with your tenants to ensure they get ready.
Confirm critical dates such as when tenants will be moving out and when they’ll be paying their last month of rent. It’s a good idea to discourage them from paying the previous month alongside their security deposit. You’ll need to make deposit deductions if there is any damage to the property.
Completing the End of Tenancy Inspection
The most important task at the end of any tenancy is property inspection. During which you will see if any deductions to the safety deposit will need to be made. It’s a good idea to schedule a review a few weeks before the end of the tenancy.
This gives tenants a chance to make repairs or clean the home where it is most necessary. After all, they don’t want to lose the deposit any more than you want to pay out for repairs. It also means there would be less for you to do between tenancies.
What to Check During the Inspection
During your end of tenancy inspection, pay close attention to:
End of Tenancy Check Out
After your tenants move out, you will need to complete another property inspection to see what needs to be done before your next tenants move in. This is also called the end-of-tenancy check out form or check-out report, which can be completed by you, your letting agent or an independent inventory clerk. This inspection aims to check the property's condition against that of the initial check-in report.
Conclude Tenancies Smoothly with an End-of-Tenancy App
Keeping track of the condition of your properties and every fixture and appliance within them can be tedious work. It’s easy to miss something or to fail to record some detail, resulting in more work or even losses. An end-of-tenancy app like reports2go can help you streamline the inventory process and organize your observations.
Check out the Reports2Go app on our website today to learn more and sign up for free.
Gary, 10 June 2022
Post Titles
- Career Spotlight: Be a Property Inventory Clerk
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- What are Periodic Inspections and what do they entail?
- Landlords - What to Do at the End of Tenancy
- What is a Check-In report?
- How inventory clerk software can help your business
- Property Inventory App? What can I expect for my money?
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- What goes into a Condition Report?
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- Do I Need a Property Inventory?
- The Importance of Check-In and Check-Out Reports
- Our App makes creating a Schedule of Condition so much faster and more Accurate
- Our Dictation Software makes creating Inventory Reports so much faster
- Why you need to carry out Interim Inspections of your BTL
- Creating an Inventory is a critical task for a Managing Agent
- An Inventory Guide for Tenants
- Some tips for Landlords carrying out Property Inspections
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- What should you check for when Inspecting your Rental Property?
- How to Hire an Inventory Clerk
- Is an Inventory Report needed for Unfurnished Properties?
- The Reasons why you should carry out a Mid-Tenancy Inspection
- The Perfect Inventory App for Landlords
- Check-In and Check-Out reports: What you need to know as a Tenant
- Carrying out Mid-Tenancy checks: What you Need to Know
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- Reports2Go: the 21st Century way of creating Property Reports
- How to do a Condition Report for your BTL
- The work of an Inventory Clerk can be exceedingly varied
- What should you check for when inspecting your Lettings Property?
- Some things you need to know about Mid-term inspections as a Landlord
- The Reports2Go App makes Property Reports simple
- Why you should carry out Interim Inspections as a Landlord
- Why Check-In and Check-Out Reports are important for Tenants
- Some things to consider if you are thinking of buying a BTL
- The clever way for Letting Agents to create Property Reports
- Our FREE app makes Inventory Reports so much easier
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- Tools for New Landlords and Property Managers
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- Doing an Inventory: Part 5 - Enhancing the Report
- Doing an Inventory: Part 4 - Finishing Up
- Doing an Inventory: Part 3 - Describing Items
- Doing an Inventory: Part 2 - At the Property
- How to do an Inventory: Part 1 - Preparation
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- A guide to Inventory, Check-In, and Check-Out reports
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- How to Carry out an Inventory Quickly, Accurately, and Easily
- What does an Inventory Clerk do, and should I hire one?
- Inventory – A Guide for Tenants
- Things to keep in mind when conducting a Check-in Report
- Free Schedule of Condition - Why You Need it
- End-of-Tenancy clean? All you need to know
- Reports During Covid - 19 Restrictions
- Mid-term inspections as a Landlord
- How to avoid Deposit Angst with the Reports2Go app
- The Importance of the Reports2Go App for Inventories
- All about the Reports2Go App
- The Importance of an Inventory for a Tenant
- Dictation makes for a much faster and more Accurate Inventory
- How the Reports2Go app works
- Free Property App
- Completely Free App
- Tenant Fees Act and Inventories
- When you have a lot of Inventories, Reports2Go will save you time
- Periodic Inspections and why they are good idea
- Inventory meets the 21st century with Reports2Go
- Our App saves you a lot of time on Mid-Term inspections
- What is an inventory and why have one?
- Text Mode
- Audio Mode
- Our Inventory App
- Inventory Associations
- The life cycle of a Report