Annual property inspections are not new to property managers, owners and others who speak in the real estate rental industry. The verification is intended to document the condition of the property at the time of inspection and to identify any failure and inconsistency. In most parts of the world, this activity is mandatory in accordance with the various “Protect tenants” rules and generally contributes to maintaining good status, happy residents and lower capital costs.
The building inspection Sydney is part of a preventive maintenance program and, as a rule; it is carried out by a maintenance team, a superintendent and, in the case of structural or specialized needs, an engineer or consultant. A thorough inspection of the property covers all the main areas and is generally divided into five categories:
- Roof: inspect garbage, leaks, clogged drains, gutters and downspouts, membrane damage and other anomalies.
- Construction structure: inspect the penetration of moisture, loose particles, wear
- Foundation: inspect the presence of concrete defects, cracks, leaks, open reinforcement
- Electrical systems: inspect burned switches, toasting wiring, overheating, corrosion, missing switches
- Mechanical systems: performance control, performance, fuel leakage, rust and corrosion
- Heating and cooling systems: check fluid level, work efficiency, noise, vibration and leaks
- Attic: inspect the presence of debris, damaged vents, damp locations, roof / roof rot
- Basement: check walls, floors, ceilings, plugs and switches, smoke detectors
- Stairs: inspect stairs and rails for damage, lightning on stairs
- Individual units: inspect the bathroom, kitchen, lighting, plugs and switches, doors and floors.
- Land (landscape design and parking): see the fence, the territory, the mailboxes, the playgrounds, the storm drains, the rays and the attractive, the outdoor parking, the roads and the trails
- Additional buildings – Functionality and attractiveness
- Fire protection systems: check sprinkler heads for missing; inspect fire extinguishers for damage and expiration dates.
- Communication systems: perform exercises, test the building’s acoustic system, and test emergency power systems
- Emergency processes: review an action plan to train emergency response personnel and review accordingly
Being organized is crucial to an effective verification process. The company’s policies must clearly reflect the requirements and have control mechanisms to avoid confusion, deadlines and delays. The main categories of checks can be reviewed to include or exclude items, and in some cases they are used for monthly and quarterly checks. Since verification is an important part of profitable asset management, it must be done with due diligence and seriousness.
Although a property inspection is not a cure for all diseases, it is the first step in proactive management and can save building owners large costs, downtime and possible obligations. It is important to introduce a proactive perspective into the corporate culture, regardless of whether you are the owner or a large property management company.