As landlords, it’s natural to want to minimise vacancy and get a new tenant into your rental property as soon as possible. But acting too fast can sometimes come with hidden risks.
In New Zealand, tenants on periodic tenancies are required to give 21 days’ notice when moving out. That means the majority of reliable, well-organised tenants will typically secure their next home before giving notice to their current landlord. As a result, there’s usually a 2–4 week gap between signing a lease and moving in.
So what does it mean when a prospective tenant is available to move in immediately?
Sometimes there’s a perfectly reasonable explanation — they may have sold their home, relocated for work, or recently moved to the area. But it’s also worth considering less desirable possibilities, like a recent eviction or intentions to misuse the property.
It’s not about being suspicious of every applicant — it’s about doing your due diligence. A shorter-than-normal move-in timeframe doesn’t automatically mean a red flag, but it should prompt extra questions. As landlords and property managers, it’s our job to understand a tenant’s situation and ensure we’re not exposing ourselves (or our properties) to unnecessary risk.
In short: Don’t rush. A slightly longer vacancy is better than a rushed decision that leads to long-term problems.