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Updated over 4 years ago, 08/12/2020
Grace Period Before Lease Starts
This seems obvious, but curious how other landlords are handling these situations.
Scenario:
You have a property you put up for rent and start receiving applications. You receive 2 applications. Both tenants are perfectly qualified.
Applicant A applied first but doesn't want to move in/start lease for 5 weeks.
Applicant B applied second but wants to move in/start lease in 3 weeks.
Do you
1) Give it to B because they can move in sooner?
2) Give it to A because they were first?
3) Give it to A but tell them to bad the least grace period is a max of 30 days?
4) Ask for some kind of non-refundable holding fee for tenant A