Benefits of the Property Condition Report |
Tenant Move-out and the Benefits of a Signed Property Condition ReportHave you ever wondered if you could have prevented damage to your rental property by preparing the tenant beforehand with a signed property condition report? Well, damages happen anyway with some tenants, but it sure is good to have written protection signed by the tenant when the time comes to charge for those damages!
Protect yourself with a The Property Condition Report may be used with or without a Security Settlement Statement, but I have had better success using both together. This document is not only a complete condition checklist at Move -In and Move - Out, signed by the tenant at move -in, it also puts the tenant on notice that the condition has been documented, dated and acknowledged. It is very important for the landlord to establish the condition of the premises before the lease begins and after the term ends. It will be very difficult for the tenant to argue the facts noted on this form which is signed by them! Video and Photo reminder: Tenants are reminded that the premises may have been photographed and video taped prior to occupancy and also upon vacancy. Includes a Security Settlement section to calculate any deductions Using The Condition Inspection Report along with the Security Settlement Statement will afford you maximum landlord protection. As long as your charges are legitimate and conform to your lease agreement, it is very unlikely that any deductions will be challenged by the tenant.
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