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When a tenant provides a 30-day notice letter, it signifies an important change in the landlord-tenant relationship. As a landlord, effectively managing this process is essential. In the video, Sydney, a landlord and real estate investor, outlines key steps for a smooth transition. The first step is to review the lease agreement, which serves as the legal framework for the tenancy. It details the terms and conditions regarding tenant termination and the required notice period. Thoroughly understanding the lease is crucial in preparing for the transition.
