Condition Report
Property Management
A detailed record of a rental property's condition at the start and end of a tenancy, used to assess any damage.
Full Explanation
A condition report (also called an entry report or property condition report) documents the state of every room, fixture, and fitting at the beginning of a tenancy. At the end of the lease, a comparable exit report is prepared. Differences between the two determine whether the tenant caused damage beyond fair wear and tear, and whether any bond should be withheld. Thorough condition reports with dated photos are essential for protecting your investment.
Example
The entry report notes carpet is in "good condition with no stains." At exit, there are multiple pet stains. The photos prove the damage occurred during the tenancy, justifying a bond claim for carpet replacement.
Frequently Asked Questions
Who is responsible for the condition report?
The landlord or property manager prepares the entry condition report before the tenant moves in. The tenant should review it and note any disagreements within the first few days. Both parties sign off on the exit report at the end of the tenancy.