May 18, 2016

Why a Rental Inspection Matters for Tenants

You've finally found a good paying job. Now you're ready to move out of the apartment you are sharing with your friends or your parents' home. After spending some time looking at available places for rent, you've finally found a suitable place to live in — the rent is affordable and it is within close proximity to everything, including your new place of work.

Rental Inspection Matters for Tenants

But before you pack your belongings, move in to your new home and celebrate your newfound independence, there are a few things that you need to do.

One of the crucial tasks that you need to do is to visit the property and check whether it is ready for occupancy or not. Ideally, the landlord or his agent should be around during this inspection so that you can voice out any concerns that you may have.

But apart from this ocular inspection, prospective tenants may want to see proof that the rental unit has been thoroughly inspected by an objective third party. Why?

As a tenant, you have your rights and responsibilities. One of those responsibilities is to ensure that the rental unit is kept in good order. For damage brought about by normal wear and tear, the landlord bears the brunt of paying. However, if the damage is caused by negligence or willful intent on your part, you will have to pay for the costs involved, either out of your pocket or through a deduction from your security bond.

Of course, either party can say that the other one is responsible for the damage to the rental unit. This is why it is crucial that before you move in, the landlord should subject the property to an objective and impartial rental inspection.

This ensures that the actual state of the property before you move in is properly documented, including the insights of the inspector as well as pictures. This can serve as a benchmark which can be utilised before you move out of the property. Immediately after moving out, your landlord will subject the property to another round of inspections to re-evaluate its condition after you leave. If the signs of damage seen during the inspection come as a result of normal wear and tear, everything can be settled smoothly. This eliminates the finger pointing and helps protect your interests should a dispute arise. Plus, you are assured that you won’t be paying for damage which you did not willfully cause.

About the author: Oliver Finney is an enthusiast of the real estate industry who loves to continuously learn and share knowledge as well about the vast and comprehensive world of the real estate business, off and online. He has first realised his passion for real estate at the age of 18 after attending an auction. Since then, he has continued to be an avid real estate enthusiast and has recently made the final step to earning his real estate license. He visits sites like Assetfocus