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Your inventory and condition report is an official record of the condition of a rental property before you moved in.
Your property manager will conduct a thorough inspection of the property, documenting any damage, however minor, and describe it on the report. Once the condition report has been completed, you get a copy to review, add any additions to and sign and return (all within 14 days of the commencement of your agreement). As a tenant, you must note any sections of the report you do not agree with, including adding photos.
It’s really important to keep a copy of the report, as it will form the basis of assessing the condition of the property when you move out and for your property manager to manage the bond disbursement.
We’re glad you asked! Our role as your property management agency is not only to look after your property, but ultimately to help you to achieve your property goals. Check out our comprehensive guide for investing in property.