Interim Report

Interim ReportInterim property reports are an important part of our service portfolio. The interim report is prepared and compiled during the course of the lease or the tenancy agreement upon landlord request or by request of the property owner, should the owner and landlord be two different persons. In many respects, the interim property reports are the same as the check-in and the check-out inventory reports but are conducted during the course of the tenancy or lease. The interim property report is meant to ensure that the tenants are not misusing or causing excessive damage to the rental property or otherwise abusing the terms of the rental or lease contract.

In some cases, interim inventory reports are requested upon suspicion of missing items or appliances, in other instances, these reports are simply a normal part of the annual property checkups performed by landlord and leasing agents, especially for long term lease and rent contracts. Another purpose of the interim report is to make sure tenants are maintaining and looking after the property in accordance to the rules and guidelines outlined by the rental agreement or the lease contract.

The interim report is a type of insurance for the landlord against bad tenants and in many instances the interim report has saved the property from further damage and misuse. The interim report gives a detailed description of the current property state and its contents. The report is matched against the initial landlord inventory report and the independently prepared, third party, check-in report prepared at the time of moving in.

Should there be any discrepancies or obvious abuse of the property, the landlord has the right to ask for lease or rent agreement cancellation without liability of their own. The interim report also observes whether or not tenants are keeping up with specific types of property maintenance which were listed as precondition to leasing or renting out the property. The interim reports are compiled by specially qualified inventory clerks acting as independent third parties in order to validate and make the document official.