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Updated over 6 years ago on . Most recent reply

User Stats

236
Posts
22
Votes
Jimmy S.
  • Investor
  • lehigh valley, PA
22
Votes |
236
Posts

Would you let tenant move small items in early?

Jimmy S.
  • Investor
  • lehigh valley, PA
Posted

Lease is starting November 1st. 

Property is sitting vacant and tenant already paid first, last and security to hold it 25 days.  They would like to know if they can move small items in around end of October. 

Would you let them or not because technically lease does not start till November 1st and they are not paying rent till November 1st..

Most Popular Reply

User Stats

812
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432
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Walt Payne
  • Real Estate Investor
  • Sebastian, FL
432
Votes |
812
Posts
Walt Payne
  • Real Estate Investor
  • Sebastian, FL
Replied

@Jimmy S.  I don't see anything wrong with the concept. One thing my lawyer told me to do when I asked him this question. Draft a quick addendum that says the rent for the property FOR STORAGE PURPOSES ONLY begins on (date they can start moving stuff in) and will be an extra $10, and this extra period is covered under the same terms and conditions as the primary lease except for cost and occupancy. 

That lease should already include covering the requirement of having renter's insurance, transferring utilities, etc.

This is necessary to cover liability in both directions.

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