PREPARING YOUR HOME
FOR THE RENTAL MARKET
New Concepts Management wishes to make this transitional time from Homeowner
to Landlord as smooth as possible. Most of us live with several small “nuisance”
items that we have always meant to repair, but never got around to. Now
that you are a Landlord, your renter will expect everything to work correctly
and you may be required by state & city code to make some repairs. We offer
this list to assist you in preparing your home for rental.
According to Minnesota
law the landlord is responsible to make sure that the rental unit is:
♦ Fit to live in.
♦ Kept in reasonable repair.
♦ Kept in compliance with all state & local health
& housing codes.
Some questions to ask:
♦ Does my home have enough smoke detectors and fire
extinguishers? Check with your city inspection office.
♦ Do all exterior doors have deadbolt locks?
♦ Do all electrical receptacles and light switches have
♦ Are all appliances in “good working condition”? (Any
appliances offered at the beginning of the lease must continue to be offered
throughout the lease period.)
♦ Is there paint chipping or peeling anywhere on the
exterior or interior of the home?
♦ Are all areas of the house immaculate? (inc. inside
appliances, closets, cabinets, and drawers.)
♦ Have the furnace, air conditioner, and ductwork been
cleaned and tuned in the last 2 years?
Please contact your local inspector if you have any
questions or concerns.
Competing with the marketplace
While your home may meet all state and city codes, in
order to receive the “best & highest price” on your home, you must
also compete with all other rentals in the marketplace. Please consider these
♦ The entire home including refrigerator, range, exhaust
fan, air conditioner, bathroom(s), closets, cabinets, must be completely clean,
polished and disinfected.
♦ All debris, rubbish and trash and personal property
are completely removed.
♦ Carpets are completely clean and do not show traffic
♦ Interior walls have no nail holes. No fading or
shadows showing where pictures have been removed from walls. Walls are clean
& fresh. (A neutral color is best).
♦ All windows are clean inside and out.
♦ Lawn and landscape is cut & trimmed, and driveway
& walkways are free of snow.
Renters expect the above conditions to be met before
they move in. The renter can then be expected to return the home to you in the
same condition with the exception of “normal wear & tear”. This
typically means some painting & shampooing may be needed after a one year
occupancy. You should expect some expenses due to normal wear & tear
between leases. If your home is not “move-in ready” we can supervise the work
needed, for our usual management fee. (The cost of repairs is paid by the
Please provide the following to New Concepts Rental
♦ Copies of all keys to all locks and doors. (2 complete
sets - all keys clearly marked; more key sets may be needed, depending upon how
many adults live in the household)
♦ 2 remote controls for the garage opener. (leave on the kitchen counter)
♦ Manuals for all appliances including the furnace,
water heater, water softener, a/c etc. (leave on the kitchen counter.)
♦ A copy of all homeowner association governing
documents, rules and regulations and updates, if applicable.
♦ Notify your homeowners association that the unit is
now managed by: New Concepts Rental
Management, 5707 Excelsior Boulevard, St Louis Park, MN 55416, 952-922-2500. 6/10