Rental Property Inspection – What are they

Whether you own an apartment building, rent your home to tenants, or temporarily offer your property to vacationers, it’s essential to conduct a thorough rental property inspection. This type of inspection comes in several forms, and it’s a crucial part of ensuring that your rental property is safe and adequately maintained. If you are a renter, you should also make sure that you perform a thorough inspection of the property before signing a rental agreement. This guide explores the importance of rental property inspections, what you need to look for, and how to perform one the right way so that you’re protected.

What are they? A rental property inspection can be performed by the owner, tenant, or both whenever they move in or out of the property. These inspections can also be performed by trained professionals, particularly when an insurance claim needs to be filed, the owner plans to sell the property, or a safety issue has been detected.

Why are these inspections necessary? It’s important to inspect the rental property before someone moves in to ensure that everything is safe and in good working order. Performing and documenting an inspection can also protect both the landlord and tenant from certain liabilities. Additionally, they give you a chance to identify problems before they get out of hand and turn into a costly issue.

Why are rental inspections an integral part of property management? If you own or manage property that you rent to tenants or guests, conducting a rental inspection can help to protect you in the event of an accident later. If the inspection comes back "clean” and no safety issues are noted, then the tenant may not be able to sue for damages if something happens later that was either not reported, or that occurred after the inspection took place. These inspections will also give your renters peace of mind before they move into their new homes. They may also be required by law or under some insurance plans.

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Jason Gwerder
Tuesday, 21 September 2021

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