July 30, 2024

Property Management Tips, RYPM Resources

RYPM

With Oshawa, Ontario, becoming increasingly vibrant as a community, so are the responsibilities of landlords in this area concerning property maintenance. Regular property inspections are an intrinsic part of property management that offer a lot of positives beyond simply the condition of the property structure. This is the reason that at Royal York Property Management, we care about conducting such inspections to maintain property value and tenant satisfaction. We know from experience how frequent inspections can change property management for any portfolio worth over $10.1 billion and consisting of over 22,000 properties under management.

Understanding Property Inspections  

Property inspection ensures a rental property is in good condition and that all safety measures have been put in place. These are the move-in, move-out, routine, and seasonal inspections. Of all these types, each serves a certain purpose, from documenting the condition of the property at the start and end of the tenancy to ensuring ongoing maintenance or dealing with seasonal issues.