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Did Your Tenant DAMAGE Your Property or Is It Normal Wear and Tear?
Manage episode 402249847 series 3019135
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In this episode, Peter McKenzie interviews Stephen Kenney, the Director of Operations at Rincon Property Management, about the difference between normal wear and tear and damage in rental properties.
Takeaways
- Determining the difference between normal wear and tear and damage can be challenging for landlords and tenants.
- Lease agreements and guidelines can help clarify the responsibilities of landlords and tenants when it comes to property maintenance.
- Navigating small claims court can be time-consuming and may not always result in a favorable outcome for landlords.
- Documenting the condition of the property at move-in and move-out can help resolve disputes over damages.
- Proactive maintenance can limit the risk of extensive damages and financial losses for landlords.
Chapters
(00:00:00) Introduction and Background
(01:25:00) The Difference Between Normal Wear and Tear and Damage
(03:11:00) The Challenges of Determining Normal Wear and Tear
(05:42:00) Disagreements Between Landlords and Tenants
(06:23:00) The Role of Lease Agreements and Guidelines
(09:20:00) Navigating Small Claims Court
(12:20:00) Importance of Move-In and Move-Out Documentation
(16:34:00) Examples of Normal Wear and Tear vs. Damage
(21:40:00) Considering the Big Picture
(25:40:00) Limiting Risk with Proactive Maintenance
(27:27:00) Conclusion
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