Minimum Property Standards
The following are minimum standards that must be met for us to rent your property to a tenant. We understand that as a rental property owner, it is important to be fiscally responsible. Providing a clean, quality property to tenants will increase their satisfaction level and the potential for them to become long-term residents. Long-term residency of tenants can dramatically decrease your expenses as a rental property owner.
We reserve the right to postpone advertising efforts or cancel a lease agreement if these minimum requirements are not met.
Exterior Property Standards
By implementing and adhering to these exterior property standards, Keyrenter landlords ensure tenant safety, enhance property appeal, preserve property value, comply with regulations, improve energy efficiency, and maintain a positive professional image through our property management services. This approach is not only beneficial for tenant satisfaction but also contributes to the long-term residency and sustainability of your investment property.
Fencing
Fencing and gates should be safe and secure without danger of falling over.
Railing
All railings should be secure and be able to support the weight of an adult.
Trash, Debris, & Personal Items
Must be removed from the yard, sheds, garage, window wells, and common areas (multi-unit).
Exterior / Sliding Glass
Doors
Exterior doors should be proper exterior doors (no hollow core). Exterior doors must lock and function properly. Any sliding glass door should function properly. Glide with ease and lock properly.
Windows
Windows should lock and function properly (open and close). Where possible, window screens should be present and functioning properly. Window coverings (blinds/curtains) should be present and functioning on all living/family room and bedroom windows. Bathroom windows should be frosted or have coverings.
Wooden decks
Wooden Decks should be solid and have no wood rot. Any walking surface should be safe with no large gaps, tripping hazards, failing wood, or nails/screws protruding.
Lawn
The lawn should be mowed, trimmed, and in healthy condition. Flower beds and gardens should not have excessive weeds. Trees and shrubs should be maintained and not overgrown.
Exterior Electrical
No exposed wiring, junction boxes, or other improper electrical which could be a liability. All exterior electrical should function properly (lights, outlets, etc.).
Removable Pots & Plants
Potted plants, flower boxes, and garden boxes should be removed from the property (keep it simple).
Interior Property Standards
By adhering to these interior property standards, landlords can ensure tenant safety, enhance the appeal and functionality of their property, and maintain a high standard of living. This approach not only attracts and retains quality tenants but also positions the landlord as a reputable and responsible investor by choosing to hire professional property management. Implementing these standards can lead to a more profitable and stress-free experience for all parties involved, showcasing the landlord's commitment to quality and tenant satisfaction in a competitive market.
HVAC
Heating and Cooling Systems must function. Any form of air conditioning that is at the property must be in working order.
Appliances &
Light Fixtures
Light fixtures must be working and have working light bulbs (LED recommended). All appliances must be clean and in working order.
Professional Cleaning Standards
Unit and carpet must be cleaned by one of Keyrenter’s approved cleaning vendors. The unit must be free of garbage, debris, and personal items.
Well-Maintained Flooring
Vinyl, Tile, Laminate, and Wood Flooring must be present and in good, clean, condition, without visible tack strips or other rips/tears which may be trip hazards.
Smoke Alarms and CO Detectors
Each living area must have a smoke alarm (except the Bathrooms, Kitchen, and Laundry room). Each floor must have a CO detector.
Paint and Wall Maintenance
The paint should be in good clean condition. No dingy or mismatched paint from patches or touch-ups. Walls with excessive nail holes will be painted. Paint on doors and trim should be in a clean condition without chipping or substantial scuff marks. Only entire walls will be painted (no touch-up painting) on walls with excessive marks or nail holes. The wallpaper must be clean and in good condition.
Plumbing
The unit must have functional hot and cold water. All plumbing fixtures should work properly with no drips or leaks. Plumbing drainage should not be leaking or clogged. The sewer or Septic System must function properly. The toilet should be clean and in working order. The toilet should not run or leak.
Functional Interior Doors
Interior Doors should be clean with no cracks or holes and should open and close easily. Closet doors need to be on their track and function properly. No exterior locking door knobs on interior doors (interior locking bathroom or bedroom door knobs are acceptable but they may not have exterior keyed knobs.
Safe Electrical Systems
Light Switches and Electrical Outlets must be in good working order and not broken. All light switches and electrical outlets are required to have a proper cover (no cracked or broken covers). No exposed wiring, junction boxes, or other improper electrical which could be a fire hazard.
Why Minimum Property Standards Are Crucial for Landlord Success
Are you a property owner looking to set your rental apart in a competitive market?
Discover the key to unlocking your property's full potential with our Minimum Property Standards Checklist. This checklist is your first step towards ensuring your property meets top-notch standards, attracting the best tenants, and maximizing your rental income.
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Tenant Safety and Liability Reduction
Ensuring a safe, hazard-free environment is paramount. Removing trash and debris, maintaining safe walkways, securing railings, and ensuring proper functioning of windows and doors minimize the risk of accidents and injuries. This not only protects tenants but also reduces your liability as a landlord, guarding against potential legal issues.
Property Appeal and Tenant Satisfaction
A well-maintained property, both inside and out, significantly boosts its curb appeal and internal comfort, attracting and retaining quality tenants. This leads to reduced vacancy rates and a stable rental income, a key goal in real estate investments.
Preservation of Property Value
Regular maintenance is an investment in the property’s future. By caring for all aspects of the property, landlords can not only preserve but potentially increase its market value, ensuring a lucrative return on investment.
Regulatory Compliance
Meeting local housing codes and regulations is non-negotiable. Compliance avoids legal complications and fines, ensuring smooth operations.
Energy Efficiency and Security
Efficient, well-functioning systems and secure premises are attractive features for tenants, making the property more desirable and potentially leading to higher rental rates.
Reputation Management
Maintaining high standards reflects well on property management companies, fostering a positive image and reputation in the industry. It demonstrates professionalism and commitment to quality, attracting more clients, tenants, contractors, and business opportunities.