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Updated about 13 years ago on . Most recent reply

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Karen M
  • Purcellville, VA
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Rental property without utilities for ten days. Any issues?

Karen M
  • Purcellville, VA
Posted

I bought my first rental property and the closing date is next Monday. The tenant will move in ten days from the settlement date and will set up his own utility accounts. So for the ten days following the settlement, the property will be vacant. I am wondering whether I shall put the utilities (electricity, water/sewer, gas) under my name during these ten days or shall I just let the property sit vacant with no utilities at all. The property is in clean condition, so I don't have cleaning to do. It is also in a safe townhouse community. Is there going to be any problem if I don't have electricity, water/sewer, and gas for the property for ten days? Any bad things for the appliances or plumbing system? The power company said that I need to leave the refrigerator doors open to prevent mold. Other than that, I have not heard any adverse effect. Can experienced landlords share some thoughts? Thank you!

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Ken Latchers
  • Hatfield, PA
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Ken Latchers
  • Hatfield, PA
Replied

You may have some utilities requiring a credit check, which will lower your credit score due to a hard pull.

You will probably have to pay a minimum for the month, so can be costly.

You may have to pay deposits (or even high fees in some places) to turn them on.

Not worth it. I see no reason you need utilities.

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