Best time for a lease to expire

Part of being a good property manager is staying ahead of the things that may cause you some frustration down the track.  Like ensuring that lease expiries occur when you are best equipped to ensure they don’t turn into vacancies.

Managing expired leases and vacancies
Mentor Cathie Crampton

  • Lease expiries should occur at the busiest time of year
  • Expired leases create risk for the owner and the agency
  • Some insurance companies will not cover an owner who does not have a lease in place

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