Transfer Homes
Procedures
STEP 1 - Get approved
Every tenant is automatically eligible unless you:
Have not kept up with the Maintenance Checklist.
Have not repaired things you've damaged.
Have a current balance due.
Have ever had an eviction started.
Will have an increase in rent of $100 after you transfer. In this case, you will need to submit a new application and requalify.
​STEP 2 - Choose a new home
Rent starts at the new home when the home is first available.
If vacant, that's immediate.
If occupied, that's when it goes vacant.
Choosing an occupied home to reduce the time when you have to pay for two homes at the same time.
Search our Vacancies page
STEP 3 - Submit a Transfer Request​
Click tell us which property you want to transfer to.
STEP 4 - Pay the transfer fee
Sign into appfolio to pay the $500 Transfer Fee
STEP 5 - Tour the property
If the home is vacant, you must tour the property using the Rently lockbox on the front door: Tour Vacancies
If the home is occupied, once you are approved to transfer and you pay the transfer fee, we will text you a link to schedule a private tour.
STEP 6 - Lease Processing Call
Once you have completed all of the above steps, it's time to request a Lease Processing Call. If you request a call before completing any of the above steps, your call will be canceled. If you're not ready to sign & pay, what until you have the money.
Each applicant must be on the call by conference or speaker phone.
The call will take 1 to 1.5 hours.​
In the call, we will answer all your questions and teach you how to use appfolio & our website.
At the end of the call, we'll email a link to sign the lease & pay. Once you pay, the property is reserved for you.
STEP 7 - Move-In
Complete a full Move-In at the new property​
Paying For Two Properties
If you decide to transfer to another property, you might have to pay for two properties at the same time.
During this process, check the balance on both properties in appfolio to avoid Late & Evictions procedures.
STEP 8 - Move-Out
​Complete a full Move-Out at the old property.
FAQ
Can we transfer to another property that you manage before my lease is up?
Yes! Tenants with good rent payment history can rent another home.
Is there a cost to transfer?
There's a $500 Transfer Fee.
Are new applications required?
No.
What are the income requirements?
If the rent at the new home is not more than $100 greater than you are paying now, then you do not need to re-qualify.
If the rent is more than $100 higher at the new home, you must upload proof of income to qualify.
How does the timing work?
Choose any of our available properties and submit a Transfer Request form.
Do I sign a new lease?
Yes. You'll need to sign a new lease on the new home.
When do I start paying at the new home?
Rent, utilities, lawn service, etc. starts when the home becomes available.
When do I stop paying at the old home?
You're responsible for Rent, utilities, lawn service, etc. until a replacement tenant begins paying rent, or the date your old lease expires, whichever is sooner.
​How long will it take to secure a replacement tenant?
We never know. It can take days, weeks, or months. Historically, we find a replacement tenant with little to no vacancy but there's no guarantee.
How much notice is required?
There's no time requirement because you will pay for both properties until the replacement tenant takes over, or your lease expires.
Are there special rules for the replacement tenant?
No. The qualifications under the applicants tab apply.
What happens if the home sits vacant for a long time?
You keep paying rent. If you fail to pay, evictions/judgements proceedings will commence.
Will the rent be the same?
The property owner reserves the right to determine the current market rent. Market Rent can be different than the amount you are paying.
IMPORTANT: It can never be less than the rent amount in your lease, unless you are willing to pay the difference in full for the remainder of the lease term.
What is the length of the Lease for the replacement Tenant?
Typically, one year but the term may need to be shorter or longer than 12 months to keep the lease expiration dates during a favorable time of the year.
Can I find a replacement tenant?
Definitely. If you find someone who's interested, have them apply on our vacancies page just like anyone else.
This sounds complicated, can't we just trade the keys?
No. Most likely the owner of new & old properties are not the same so we must do a complete move-out and a complete move-in.
How do I request the transfer?
​Submit a Request Form
Pay the $500 transfer Fee
Submit a Mid-Lease Move-Out
Sign Lease on new home