PM - Why ingoing and outgoing condition reports are so important

Other than the Tenancy Agreement, the Ingoing and Outgoing Condition Reports are two of the most vital documents to be held during the management of your property.

At the ingoing and outgoing stages of a tenancy, landlords may be preoccupied with getting the tenant in quickly to minimise vacancy. Similarly, when a tenant vacates the premises, the focus is often more on selecting the next tenant than it is on the state of the property when the existing tenant leaves.

As a client of ours, you can be 100% confident knowing that we always conduct thorough inspections whenever a tenant enters and vacates a property. As a result, our Ingoing and Outgoing Condition Reports are always very detailed. It is then up to you as landlord to review the report at the beginning and end of each Tenancy Agreement to ensure you are protecting your investment and minimising the risk of damage or theft going undetected.