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Hastings Properties, LLC 508 Evelyn Ct. Stevens Point, WI 54482 (715) 2524723 johnny hastingspropertiesllc.com www.hastingspropertiesllc.com Page 1 of 6 CONDITION OF RENTAL PROPERTY CHECKLIST Instructions:
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How to fill out condition of rental property

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How to fill out condition of rental property:

01
Start by conducting a thorough inspection of the rental property. This includes looking for any damages, wear and tear, or maintenance issues.
02
Take detailed notes or create a checklist of all the areas and items that need to be assessed. This could include walls, floors, appliances, windows, plumbing, electrical systems, etc.
03
Document any existing damages or issues by describing them in writing and taking clear photographs as evidence. It is important to be as detailed as possible to avoid disputes later on.
04
Analyze the condition of each item or area and determine if any repairs or replacements are necessary before the property is rented out.
05
Indicate the date of the inspection and the name of the person who conducted it at the beginning of the condition report.
06
Be objective and accurate when describing the condition. Use specific language and avoid generalizations or personal opinions.
07
Clearly state the responsibilities of the tenant in terms of maintaining the property and addressing any damages that may occur during their tenancy.
08
Include any additional documents or forms that may be required by local laws or regulations, such as lead paint disclosure forms or property safety checklists.

Who needs condition of rental property:

01
Landlords: A condition of rental property is crucial for landlords as it serves as a baseline document to compare the initial state of the property with its condition at the end of the tenancy. It helps protect the landlord's interests and may be used as evidence in case of any disputes or claims.
02
Tenants: Tenants also benefit from having a condition of rental property as it provides a reference point for the condition they received the property in. It allows them to identify any pre-existing damages and avoid being held responsible for repairs that were not caused by them.
03
Property management companies: If the rental property is managed by a property management company, they also need a condition of rental property for their records and to ensure proper documentation for future reference or legal purposes.
04
Insurance companies: Insurance companies may require a condition of rental property to assess the insurability of the property and determine the coverage and premiums for landlord insurance policies.

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The condition of rental property refers to the state or quality of the property at the time of rental agreement.
The landlord or property owner is usually required to file the condition of rental property.
The condition of rental property can be filled out by documenting the current state of the property including any damages or issues.
The purpose of the condition of rental property is to protect both the landlord and tenant by establishing the condition of the property before and after the rental period.
The condition of rental property should include details about the overall state of the property, any damages, and any existing issues.
The deadline to file the condition of rental property in 2024 is usually specified in the rental agreement, but typically it should be done before the tenant moves in.
The penalty for late filing of the condition of rental property may vary depending on the rental agreement, but it could result in the landlord being held responsible for damages not previously documented.
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