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Leasing Process Checklist
Pre-Leasing Preparation
Ensure the property is clean and all maintenance issues have been addressed
Update the property listing with high-quality photos and an accurate description
Set competitive rental rates based on market research
Marketing and Advertising
List the property on popular rental websites and platforms
Implement targeted advertising on social media and local classifieds
Prepare physical signage and flyers for distribution in the local area
Applicant Screening
Collect rental applications and application fees
Conduct thorough background and credit checks on all applicants
Verify employment and income, as well as rental history
Lease Agreement and Documentation
Prepare a comprehensive lease agreement that adheres to local laws and regulations
Review lease terms with the tenant, including rent, deposit, and maintenance responsibilities
Collect the first month's rent and security deposit before handing over keys
Move-In Process
Schedule a move-in date and time with the new tenant
Conduct a walk-through inspection with the tenant to document property condition
Provide the tenant with keys, access codes, and important property information
Ongoing Communication and Management
Establish clear guidelines for tenant communication and maintenance requests
Schedule regular property inspections to ensure proper upkeep
Provide tenants with information on rent payment procedures and late payment policies