You will eventually feel the need to leave your rental property. It may be because you find a better job elsewhere, or because your family is expanding or contracting and you need more or less room. It may be because you are purchasing a home and no longer wish to rent. It could be for any number of reasons, but relocating often means stress, regardless of the reason.
For many individuals, moving out of a rental property is just as traumatic as moving out of one they own, but this does not have to be the case. There are a few things you can do to make the process go as smoothly as possible.
You will need to file a lot of paperwork when you move out of your rental property, whether you are moving into another rented home or purchasing a property. There will be a plethora of paperwork and essential papers to read, sign, date, and initial. Leaving this to the last minute can add stress to the process and could possibly cause your relocation to be postponed.
The greatest thing you can do with this paperwork is to do it as quickly as possible. Take a copy for your personal records after it’s finished. This will be helpful for remembering everything you have and haven’t done about the move, as well as in case anything goes lost – a copy is better than nothing in many circumstances.
Maintain a cool demeanour and go methodically through the papers. Rushing will not help you, and you could make errors that will slow things up even more.
Organise Your Property
There are a few things you need to do if you want to make sure you have your deposit returned to you. One of them will almost certainly be an end-of-tenancy clean. This is much more than a fast run around with the vacuum cleaner and a quick wipe down of dusty surfaces; this is a thorough clean that will take many, many hours to accomplish.
Most individuals lack the patience, time, and expertise needed to do this job on their own. The good news is that you may engage cleaning firms who specialise in end-of-lease cleaning to perform the work for you. This is not essential, however.
Make Use of Proper Timing
When it comes to moving out of a rental property, timing is everything. If you pay your rent in advance, you’ll want to make sure you don’t overpay or underpay based on the date or location of your move. The best thing you can do is move out on a date that is the day before your next rent payment is due. You won’t have to pay any extra rent on your existing home as a result.
This also means that your first rent payment for your new home (or your first mortgage payment) will be due on the same day as your previous payment, allowing you to stick to your budget and avoid being out of money.