Renting & managementAll terms starting with M
Move-out inspection
A documented walkthrough at the end of a tenancy, compared against move-in condition to determine deductions.
The move-out inspection is only meaningful against a move-in baseline. Photographs and a signed condition report at the start are what make deductions at the end supportable.
Many jurisdictions give tenants a right to be present or to receive an itemized statement within a set period.
Related terms
- Security depositFunds held during a tenancy to cover unpaid rent or damage beyond normal wear, returned under statutory rules.
- Normal wear and tearThe gradual deterioration expected from ordinary use, which cannot be charged against a security deposit.
- TurnoverThe work and vacancy between one tenancy and the next: cleaning, repairs, marketing, and re-leasing.
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