Inspection reports, while seeming tedious. Hold a valuable position in ensuring the safety of your asset.

Routine inspection reports should be carried out every 3 months after the previous inspection in housing and can be carried out once every month for rooming accommodation.

The appropriate notice must be given to ensure meeting the regulatory requirements.

These inspections allow follow ups of maintenance that have not been reported or properly completed.

If there are any damages, tenant breachable offences (where the tenant has broken their leasing agreement and conditions). This allows the property manager to manage the tenancy arrangement and ensure you do not lose money or have your asset, otherwise affected. Carrying out the next steps in line with the legal requirements.

Entry/Exit inspections

An entry condition report must be issued to a tenant upon their entry date of the property. They then have 7 days to complete what comments, photos they have of the condition, and submit whether they agree/disagree with aspects of the condition. This plays significant value for both the tenant and property landlord. As this ensures when the tenant vacates the condition the tenant needs to leave the property in, is clear. As the property must be left in the same condition as when entered originally, if left better than that’s a great tenant!

If there have been difficulties with the properties condition upon vacating, this is where the exit condition report is essential. This then allows appropriate measures to be taken in returning the property to its original state. Issuing the report to the tenant within the required legal time frame of 3 business days.

From here this can be addressed with the tenants, organising a solution to ensure the landlord is not bearing excessive costs that the tenant is responsible for.

Without maintaining regular inspections within the guidelines, this compromises the landlord’s property asset value and could end up being further costly.