Rental property inspection is a very important step. Both for the tenant and the property owner itself. Inspection helps maintain a good relationship between the tenant and the owner. Through careful and planned inspections, it shows that both parties are working together to ensure the property remains optimal during the rental period.
Rental Property Inspection Guide
Renting property has become very common in the real estate business. This rental process certainly makes it very easy for tenants to get a place without having to buy at a high price. However, there are important steps that must be considered in the property rental procedure, namely inspection.
For tenants, inspections ensure that the condition of the property is in accordance with what the owner promised. Meanwhile, for property owners, this is a way to ensure that their property is well maintained and does not trigger risks during the rental period. Here are some tips that can help in conducting rental property inspections for both parties.
1. Prepare Documents or Lease Contracts
Before conducting an inspection, both the tenant and the owner must review the existing lease contract. This includes clauses regarding maintenance, repairs and the responsibilities of each party. Knowing the rights and obligations will make the inspection more structured and clearer.
2. Physical Inspection of the Property
Next, both parties need to conduct a thorough physical inspection. Some things that should not be missed from the inspection include:
- The condition of the building structure from the walls, ceilings and floors to ensure there is no damage or leaks.
- Ensure all switches, sockets and lighting systems are functioning properly. So are the pipes and water channels.
- If the property already has furniture or other facilities, make sure everything is functioning properly and in good condition.
3. Document the Condition of the Property
Property experts on YouTube DoorLoop also recommend the importance of documenting the physical condition during the inspection. Documentation can be in the form of photos or videos. This is very important for tenants so that they are not burdened with pre-existing damage. For owners, this documentation can be evidence to ensure that the property remains in prime condition after the lease ends.
4. Check the Cleanliness of the Property
In the rental property inspection process, tenants are entitled to a clean and well-maintained place. The cleanliness inspection includes both indoor and outdoor areas. The owner must ensure that the property is thoroughly clean before the tenant moves in. Conversely, the tenant needs to maintain cleanliness during the rental period and notify the owner if there are any problems.
5. Check Security
Security is also a major concern in rental property activities. Make sure that the doors and windows are locked securely. So is the alarm system or other security devices to ensure their function.
6. Discuss Maintenance Responsibilities
Next, determine clearly who is responsible for maintenance or repairs during the lease. Some minor problems such as dead lights or leaking faucets may be the responsibility of the tenant. While structural problems or major repairs are generally the responsibility of the owner.
7. Discuss the Financial Budget for Repairs
There is nothing wrong if the owner and tenant also discuss the budget for property repairs or maintenance. The owner must ensure that the budget covers routine repair costs. On the other hand, the tenant needs to set aside funds for small costs such as replacing equipment or additional cleaning if necessary.
Those are some important guidelines in rental property inspections. Landlords should conduct regular inspections to ensure everything is in good condition. Tenants should also take this opportunity to report any issues that may not have been apparent during the initial inspection. Overall, communication is key. So make sure communication is clear and open.