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Re: No show to lease signing - Landlord Forum thread 346837

Re: No show to lease signing by Garry (Iowa) on July 27, 2016 @21:36

                              
I do it a little differently, but I do agree with you-----until there is a signed lease, and money changes hands, neither I nor the prospective tenant have an agreement. And that is pretty much how judges rule through out the country. I show my places first, and have apps at the place for someone to fill out if they are interested in it. Someone can take an app with them to fill out later, but I tell them I can't do anything till I get it back. People return their apps about 50% of the time. It takes me 2-3 days to run the apps, and the 1st one who qualifies, I call them and tell them they have 24 hrs to meet me at the rental with their full deposit money, and we sign a lease at that time. The rent itself isn't due till the day they are to move in. They must also have the utils put in their names by that date, too, before they get keys. In 35 years of being a LL, I can only recall 2 times a T was a no-show at the lease signing. I don't show the T my lease until at the lease signing. My leases are all on legal sized paper, and come word for word right out of the Iowa Code book. I only sign M2M leases, starting from day 1.
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