The original tenant will also need to provide a notarized letter that they have received their portion of the security deposit. This letter should also release you from any and all obligations connected with the original tenant's deposit. With these letters in hand, you can remove the old tenant's name and replace it with the new tenant. The new tenant initials their inserted name and signs the original lease.
Peter Meer is President/Broker of Meer Company, Inc., 303-322-1550 which manages 150 single family homes and properties in Denver, Colorado. He holds the Master Property Manager (MPM) designation and the firm holds the Certified Residential Management Company (CRMC) designation from the National Association of Residential Property Managers (NARPM). To learn more about Peter's Landlord solutions visit Meer and Company website at www.meerandco.
Peter Meer provides information, resources, advice, tips, and techniques on residential property management in Denver. Peter Meer is President/Broker of Meer & Company, Inc. (303) 322-1550 and manages 150 single family units in metro Denver. Visit Meer & Company, Inc. at www.meerandco.com.
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