Important Reasons to Conduct Property Inspections Throughout the Year

1. Property Inspection Benefits 1. Documentation of Property Condition: Annual property inspections will give you a great opportunity to document lease violations at your property or unreported damage 2. Check & Improve Owner Liability: When you own property, regular inspections will help you be sure that your investment is safe and in good condition. 3. Avoid Deferred Maintenance: While your property management company may inform you of areas that need repairs and maintenance, there is a good chance that some specific areas will be overlooked. 4. Validate Insurance Policies: In some cases, landlord insurance may demand that annual property inspections be carried out on your property. 5. Increase Tenant Retention: When you make sure that the structural integrity of your building is maintained, you will ensure that your tenants feel cared for. With regular property inspection throughout the year, you will not only ascertain the structural integrity of the building but will also have a chance to correct any defects in a timely manner so as to protect your asset