Creating a move-in/move-out checklist is an essential step for landlords seeking to safeguard their property and document the natural wear and tear of the rental. A thorough and detailed record of the property’s condition at the start and end of each tenant’s lease can effectively identify any damages or issues that may have occurred.
In this article, we will delve into the significance of documenting normal wear and tear and provide insight into crafting a comprehensive move-in/move-out checklist for both you and your tenants.
Documenting normal wear and tear is an important aspect of property management for landlords. Normal wear and tear is defined as the gradual deterioration of a property due to everyday use and exposure to the elements. Therefore, it’s considered a landlord’s responsibility to repair or replace items affected by this type of damage.
By keeping a record of the condition of the property at the start and end of each tenant’s lease, landlords can easily identify and document any damages. This information can then be used to distinguish between normal wear and tear and damages caused by the tenant, making it easier to hold tenants accountable for any damages they may have caused.
Additionally, documenting normal wear and tear can help landlords budget for future repairs and maintenance, ensuring that their property remains in good condition for future tenants.
To avoid costly repairs and get your rental property prepared for showings, it’s a smart idea to conduct proactive inspections inbetween occupants. Even the toughest applicants won’t have anything to complain about!