In some cases, it may even be necessary to go to court to settle the problem and find out who will be held liable for damages. When this happens, the landlord and tenant will both need to gather proof to determine who is responsible for the repair cost.
While landlords always hope to avoid needing to charge tenants for damages to the property, there are situations where some damage occurs at the property. If the property is in good condition, isn’t it enough to know just that? If you’re still relatively new to the real estate world, you might be confused about why such a detailed list is necessary. If there is anything of note that needs to be clarified, there is a remarks section of the addendum to ensure that everything that should be known about the property is clearly documented and agreed upon by both parties. The document details each area of the property and the condition that it is in. This addendum is used to ensure that both the tenant and the landlord are on the same page about the state of the property before the tenant moves in. What Is A Condition Of Premises Addendum?Ī condition of premises addendum is a specific type of lease addendum that is used to modify and clarify the terms of a rental or lease agreement. Sample Condition Of Premises Documentation.
Where To Use This Addendum: Three Examples.How Does This Addendum Differ From A Move-In Checklist?.What Is A Condition Of Premises Addendum?.A Table Of Contents For Premise Condition Addendums This document can be used as a California lease addendum for the condition of premises, but that’s not the only time or place when you should consider using it. Today, we’ll share our complete condition addendum template. This addendum functions much like a move-in checklist, but the specifics inside the document may differ slightly. Some states, such as California, have specific cases when a condition of premises addendum must be added to the lease agreement. Among other things, you need to be sure that you do a thorough check of the property with the tenant when they are moving in to ensure that you are both familiar with the property’s condition. There are a lot of things to keep track of when you finish choosing a tenant and they’re getting ready to move into the property.