-1.png){kind=small}
Turnover
The operational sequence of cleaning, repairs, and inspections required to transition a vacated unit back into rent-ready condition.
Turnover, or unit turn, is the rapid cycle of maintenance, cleaning, painting, and repair procedures executed between the departure of a previous occupant and the move-in of a incoming tenant to return a vacant space to rent-ready status with minimal vacancy loss.
More in Operations
See all Operations terms →Critical Dates Tracker
An automated portfolio calendar monitoring renewal windows, statutory rent increase timelines, and compliance deadlines to prevent legal forfeiture.
Read definition →Grace Period & Default Notice
A contractual post-due-date window before financial late fees, default interest rates, or formal legal cure notices are assessed.
Read definition →Incident Reporting & Crisis Management Plan
A formal crisis protocol detailing immediate safety actions, tenant communications, and 24-hour insurance claim reporting for critical events.
Read definition →Lease Abstraction
The formal process of distilling key legal, operational, and financial provisions from a complex lease contract into a standardized operating summary.
Read definition →Master Service Agreement (MSA) for Vendors
A comprehensive umbrella contract governing recurring trade contractors with standardized insurance, indemnity, pricing, and service terms.
Read definition →