How important is a Condition Report?
We often hear landlords say “Oh I don’t bother with condition reports or inventories, I just replace everything when the property is vacated..”. Whereas damage to contents can be dealt with this this approach, damage to property will be an additional cost. Well, it may be something that you can afford but most landlords will need a less wasteful approach. For tenants too, they need to have their deposit protected and have the peace of mind that whatever the condition of the property at check-out, a fair and accurate assessment was made at the start of the tenancy of its condition. Condition reports are an incredibly important element of the rental process. When a tenant moves into your apartment or house, this report is used as a master document outlining the state of the property at a specific point in time. It serves as a kind of “proof” that can be used by both parties at the end of the tenancy when it’s time to determine costs for repairs and cleaning. The landlord or property manager is advised to complete this report diligently, with approval and signature by all parties, including the tenant. Sometimes this can be a lengthy process, but there are many tools and resources that can be used to help speed up this process, such as our own tools at Reports2Go. Below are a few more reasons why condition reports are an important part of the renting process. Avoids disputes Condition reports can help avoid disputes between property managers and tenants. If well put together, they are fair as they capture any damage that already pre-existed in the property. A simple check back can help resolve disputes upfront. Save time Both tenants and landlords want to complete the check-out process as quickly as possible. At the end of a tenancy, tenants need their deposit back as soon as possible, perhaps, to use on their next property. Also, landlords will want to prepare the rental for the next tenant and a quick resolution and any deposit claim will no doubt help . To facilitate an efficient process, the condition report allows the property manager to thoroughly and efficiently check the condition of the premises. It includes smaller details A tenancy can last a long time, and it’s easy to forget small items of detail. Some contents may have been moved around, pictures replaced. It’s best if the tenant puts it back as it was so the check-out can proceed uneventfully. A video tour or photo gallery without comments can easily miss crucial details such as the condition of smaller fittings. It also takes into account what is and isn't clean and functioning, such as fridges or ovens that might need to be repaired or professionally cleaned. Both tenants and landlords want to complete the check-out process as quickly as possible. At the end of a tenancy, tenants need their deposit back as soon as possible, perhaps, to use on their next property. Fair wear and tear can be accounted for better with and accurate initial condition report. A condition report will draw a line under such issues and encourages mutual agreement and help bring a tenancy to a respectful, stressless conclusion. To learn more about our condition report tools like our end of tenancy app, get in touch with us at Reports2Go.
Dan, 04 December 2020
Post Titles
- Mid-Tenancy Reports are Critical when Letting a Property
- There may be Errors in the Inventory Report
- Reports2Go: the 21st Century way of creating Property Reports
- How to do a Condition Report for your BTL
- The work of an Inventory Clerk can be exceedingly varied
- What should you check for when inspecting your Lettings Property?
- Some things you need to know about Mid-term inspections as a Landlord
- The Reports2Go App makes Property Reports simple
- Why you should carry out Interim Inspections as a Landlord
- Why Check-In and Check-Out Reports are important for Tenants
- Some things to consider if you are thinking of buying a BTL
- The clever way for Letting Agents to create Property Reports
- Our FREE app makes Inventory Reports so much easier
- What to do if your Tenant has Damaged your Property?
- Inventory Reports and Check-Ins – are both really necessary?
- Who should pay for Property Cleaning - Tenants or Landlords?
- Is a Check-in Report Really Necessary?
- New plans and improved resolution for images
- Overheads of being a Landlord
- It is Critical that Inventory Reports are Accurate
- Mid-term Inspections of your BTL are Essential
- Minimising risks with proper tenant checks
- Making a Claim on a Tenant’s Deposit: What you need to consider
- The Importance of an Inventory for Tenants
- Things to note when conducting Check-In/Check-Out reports
- Our App saves a huge amount of time carrying out Inventories
- 5 Handy Screening Topics for New Tenants
- Busting Property Management Myths
- Six Money-Saving Tips for Landlords
- Rules for Tenants and Pets in 2021 - What are the Changes?
- As a Landlord you need to carry out Interim inspections
- Giving your Feedback on an Inventory as a Tenant
- Inventories made easy with Reports2Go
- New to Letting? What you should know about Property Reports
- Three Pillars of Good Property Management
- How can PropTech reduce your Property Inventory burden?
- Choosing the right Rental Management Strategy
- Some Tips for Promoting your Letting Agency Business
- The Importance of an Inventory to you as a Tenant
- Some Ideas to Consider in Order to Reduce your Overheads
- Legislation Concerning Landlords and Tenants is Constantly Changing
- What’s your Property Management approach?
- How to maintain a Positive Relationship with your Tenant
- How important is a Condition Report?
- Tools for New Landlords and Property Managers
- The Check-in Process in the Reports Cycle
- Doing an Inventory: Part 5 - Enhancing the Report
- Doing an Inventory: Part 4 - Finishing Up
- Doing an Inventory: Part 3 - Describing Items
- Doing an Inventory: Part 2 - At the Property
- How to do an Inventory: Part 1 - Preparation
- All you need to know about Property Reports as a Tenant
- Use the FREE Reports2Go App to Speed-up Inventories
- Using on-board Dictation Software for Reports
- A guide to Inventory, Check-In, and Check-Out reports
- Reasons for Landlords to carry out Mid-term Inspections
- How to Carry out an Inventory Quickly, Accurately, and Easily
- What does an Inventory Clerk do, and should I hire one?
- Inventory – A Guide for Tenants
- Things to keep in mind when conducting a Check-in Report
- Free Schedule of Condition - Why You Need it
- End-of-Tenancy clean? All you need to know
- Reports During Covid - 19 Restrictions
- Mid-term inspections as a Landlord
- How to avoid Deposit Angst with the Reports2Go app
- The Importance of the Reports2Go App for Inventories
- All about the Reports2Go App
- The Importance of an Inventory for a Tenant
- Dictation makes for a much faster and more Accurate Inventory
- How the Reports2Go app works
- Free Property App
- Completely Free App
- Tenant Fees Act and Inventories
- When you have a lot of Inventories, Reports2Go will save you time
- Periodic Inspections and why they are good idea
- Inventory meets the 21st century with Reports2Go
- Our App saves you a lot of time on Mid-Term inspections
- What is an inventory and why have one?
- Text Mode
- Audio Mode
- Our Inventory App
- Inventory Associations
- The life cycle of a Report
