What is a move-in/move-out inspection exactly?
A move-in move-out inspection of a rental property is a detailed examination of the condition of the property before and after a resident’s occupancy. The inspection is conducted by the property manager to assess the condition of the property.
During the move-in inspection, the property manager will go through the property room by room, checking for any damage or defects, and making a detailed record of the property’s condition. This record may include written notes, photographs, or 3D documentation. The resident may also be present during the inspection and will be given an opportunity to provide feedback on the property’s condition.
Similarly, during the move-out inspection, the property manager will again go through the property room by room, checking for any damage that may have occurred during the resident’s occupancy. The condition of the property is then compared to the condition recorded during the move-in inspection. Any differences, such as new damage or missing items, will be documented and may be used to determine if any deductions from the security deposit are necessary.
Why is a move-in/move-out inspection needed?
The move-in/move-out inspection is an important part of the rental process as it helps ensure that the property is well-maintained and in good condition for future residents. It also protects the property owner’s investment by identifying any damage and allowing for repairs or deductions from the security deposit.
Also to protect the property owner’s investment, inspections can uncover necessary repairs and prevent issues from getting worse. Finally, it helps protect the resident from unwarranted charges by ensuring that any damage or defects that existed before their occupancy are not charged to them.
How do I create a move-in/move-out inspection?
You’ve come to the right place! We’ve already created one for you. Download the best property manager move-in/move-out checklist here and get started with your inspections today!
Pro Tip – Don’t underestimate the drive-by inspection especially if you have long-term residents. A drive-by inspection is a good idea for a property manager of a rental home for several reasons:
- Maintenance and Repair: A drive-by inspection can help identify any maintenance or repair needs that may be necessary. By conducting regular drive-by inspections, property managers can stay on top of any necessary exterior repairs and prevent issues from getting worse.
- Resident Compliance: A drive-by inspection can help verify that residents are complying with the terms of their lease agreement. Property managers can check to make sure that residents are following any restrictions on parking, outdoor maintenance, or other rules outlined in the lease.
- Security: Ensure the security of the property by checking for any signs of vandalism or break-ins. Property managers can also check for any suspicious activity or unusual behavior on the property.
- Property Value: Help property managers maintain the value of the rental property by identifying any issues that may affect the property’s market value like curb appeal.
- Liability: Help protect property managers from liability by identifying any safety hazards or code violations that may pose a risk to residents or visitors.