Mynd Property Management

Creating Happy Homes and Healthy Investments

What is pre-leasing? How does that work?

“Pre-leasing” is a process for new potential residents to apply for and pay a deposit on an apartment/home before it is available for viewing. Pre-leasing typically applies to properties that are in the process of vacating (i.e. the previous tenant is still living there). We do not show an apartment/home until it’s ready for a new resident to move-in. The advantage to pre-leasing a property is it allows you to secure an apartment/home before anyone else has a chance to do so. Photos of the apartment may be provided before the unit is ready for move-in. That said, if the home is not yet ready, photos of a similar home in the complex might temporarily be posted. If the posted photos are not of the actual apartment, this will be disclosed in our listing. Either way, the tour is not available until the Mynd team has inspected and approved the apartment/home for move-in. The steps to pre-lease are simple and the same for available properties.

  1. A leasing representative will let you know the date that the property is expected to be available and you can discuss your move-in time frame with them.
  2. Complete an application and pay application fees.
  3. If approved, we will notify you and require a deposit to hold the property.
  4. We will send you a lease to sign after your deposit is received.

If you decide not to move forward with your move-in, a prorated portion of your security deposit will be held. If you’re interested in an apartment that is available for pre-leasing, let your leasing representative know.