A quick turnaround is especially important in the apartment rental industry. Empty apartments can add stress to managers and owners alike, which is why a quick make-ready time is crucial. In some cases, back-to-back rentals require turnaround time in as little as twelve hours. For such efficiency to occur, pre-move out inspections should be conducted to understand what repairs will be needed and what parts, if any, will need to be ordered.
Since most tenants are required to give 60 days notice before they move out, pre-move out inspections can be conducted around 45 days before official move out. This time frame also allows tenants to clearly understand what items they will need to fix as per the lease agreement. And while many tenants don’t like being bothered with an inspection, even a reluctant tenant should understand that they have a greater chance of getting their deposit back if they know exactly what items they are responsible for before they hand the keys back to the landlord. This is a win-win for both landlord and tenant, the tenant gets all or most of his deposit back, and the landlord has less repairs to worry about once the tenant moves out.
As the landlord, it is your responsibility to ensure the tenant understands that the pre-move out inspection isn’t comprehensive, and doesn’t constitute a guarantee of a refund of their security deposit. That guarantee rests on their shoulders and must adhere to the original requirements of the lease. For a this method to work properly, all move-out inspections must be conducted thoroughly with a particular eye toward detail, since minor issues can become bigger issues once a tenant has moved in. Most tenants don’t want to lose part of their security deposit because a repair from a previous tenant was overlooked during the move-out inspection, so the more accurate these initial inspections are, the smoother the process.
Quick tenant turnaround is the number one goal for any leasing property, making pre-move out inspections the best tool landlords have. Ensuring that all lease agreements have full disclosure concerning all inspections that will take place keeps both tenants and landlords clear on their responsibilities.