When you know the tenant is in the military, or works for a military support company, and qualifies for a military out clause in their lease, you want to make sure they don’t take advantage of the Servicemember’s Civil Relief Act. They have requirements to fulfill and just saying they’re being transferred and you can’t hold them to the lease doesn’t cut it. This document lays out the rules for military release of tenancy without your giving up your rights.
The longer you’re in property management the more you realize that it’s sticky, often hostile, and sometimes even litigious. Over 35 years we’ve been burned many times by tenants and after the second or third time (we’re slow learners), we go back to the attorney and have them draft a document that prevents it from ever happening again. Blaming the property manager has reached an all-time high and isn’t going away anytime soon. So, understanding this reality, smart managers need to spend extra time, money and effort building and crafting documents designed to protect themselves, even from those they are trying to serve. We’ve pulled these documents from our archives and have listed them here for your review and individual download (or in packages by topic). We’ve laid them out in the Property Management Life Cycle categories to give the discussion some order.
Protecting yourself from tenants is what these documents are all about.
Download (PDF, 417KB)
The Property Management Lifecycle by Crown Investor Institute LLC