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/Glossary/What is a Vacate Notice?

What is a Vacate Notice?

A Vacate Notice is a formal notification issued by an occupant to an owner or vice versa, stating intent to vacate a rented property. The notice period is usually outlined in the lease agreement, ensuring adequate time for transition.

  • Advance Notification: Common periods range from 30 to 90 days.
  • Legal Requirement: Ensures both parties fulfill contractual obligations.
  • Reason Specification: May include relocation, lease expiration, or termination.
  • Deposit Settlement: Owners inspect and process security refunds.

Providing a vacate notice on time avoids penalties, legal conflicts, and ensures a smooth transition for both parties.

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