Real Estate Investor Magazine South Africa August 2018 | Page 22

INVESTMENT SERIES 9 First Time Investor Guide PART Rental Inspections What’s the big deal? BY MONIQUE DU TOIT I f you’re renting a property, as either a tenant or a landlord, you should be quite familiar with the concept of incoming and outgoing inspections – they are, after all, required by law under the Rental Housing Act. Despite this, many people consider inspections to be a formality at most. Jacqui Savage, the Rawson Property Group’s National Rentals Development Manager, explains why this can be a very dangerous stance to take. “The incoming inspection with a new tenant forms the foundation of the relationship between landlord, tenant and agent,” she says. “It’s not just about making sure everyone knows which skirtings are dented and where that cracked tile is: it’s also about laying down rules and expectations for the rental period, and establishing a level of trust.” As such, it is absolutely essential that the tenant is pres- ent for the incoming inspection, but failing to attend can have consequences and simply tarnishing the agent or landlord’s 20 AUGUST/SEPTEMBER 2018 SA Real Estate Investor Magazine good opinion. “If the tenant whose name is on the lease doesn’t show up to their agreed-upon incoming inspection appointment, they legally forfeit their right to contest repair costs deducted from their deposit when they move out,” says Savage. “That said, it’s equally important for the landlord or their appointed repre- sentative to show up, because they also forfeit their right to claim for future repairs if they fail to appear.” The reasons behind this rule are quite logical: if a tenant doesn’t attend the inspection, they can’t prove they didn’t cause the damage in question. If a landlord or rental agent doesn’t attend, they can’t prove that the damage wasn’t already there when the tenant moved in. Meticulously-recorded incoming and outgoing inspections put an end to these kinds of disagreements, but they need to be thorough to be effective. “There is a lot to cover during an inspection,” says Savage,