Disputes about wear and tear in rented properties are fairly common but quite stressful. Here are a few tips for reducing them.
If you’ve been involved in managing rented property for any period of time, you already know that you must leave allowance for wear and tear during the move-out inspection. However, determining what is “normal” has always been a source of disagreement in real estate transactions. The immediate effect of this gray area is landlords wanting to hold on to the tenants caution deposit or at least a significant part of it to restore the property to its state before tenancy.
Below we’ll take a look at what normal wear and tear is and what it’s not and how to resolve this Continue reading