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.