Column · Apartment-hunting tips · No.39

By when should I give notice of cancellation?

Regarding the cancellation notice required when moving out of a rental property, we will explain the difference between 1 month and 2 months notice, how to give notice, and points to check to avoid paying double rent.

Once you have decided to move, you will need to cancel the contract for the room you are currently living in.

What is important in this case is the deadline for notice of cancellation. If you miss the deadline, you may incur extra rent.

Check the contract

The deadline for notice of cancellation is written in the contract.

In most cases, it is one month in advance, but depending on the property, it may be two months in advance. Corporate contracts and special contracts may have different terms.

Don't assume that just because the previous property was for one month, it's the same this time; be sure to check the contract.

Sometimes words alone are not enough

Notification of eviction may not be completed by just a phone call.

There may be specific procedures for each property, such as the management company's designated form, documents, email, or tenant app.

Please note that the standard may be based on the date you receive the official cancellation notice, not the date you communicated over the phone.

Decide your departure date carefully

The move-out date is related to the move-in date, key return date, and witness date for restoration to its original condition.

You will also need time to clean up after unpacking your belongings. It may become hectic if you include witnessing the move-out on the day of your move.

You can rest assured if you schedule a time with plenty of time.

Overlapping with the next property

Double rent will occur if the next property's rent due date and the current property's move-out date overlap.

Although it may be difficult to completely eliminate the overlap, knowing the cancellation notice deadline early will make it easier to shorten the overlap.

summary

Termination notice is directly linked to move-out costs and schedules.

Check your contract for deadlines and notification methods, and check with your management company when formal procedures will be completed. When moving, preparing to move out makes more of a difference than moving in.

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