What is a "walk-through" in property management?

In property management, a "walk-through" primarily refers to an inspection that is conducted before and after a tenant occupies a rental unit. This is a crucial practice in ensuring that both the landlord and tenant have a clear understanding of the property's condition at the beginning and end of the tenancy. Before a tenant moves in, this inspection allows the landlord to document any existing damages or issues, thus protecting their interests and providing the tenant with a clear sense of the property’s state.

At the end of the tenancy, a walk-through serves to assess any changes in the property’s condition. This evaluation helps determine if any deductions for damages should be made from the tenant's security deposit. Proper documentation from both the initial and final walk-throughs can prevent disputes regarding property condition and security deposits, ultimately fostering a clearer and more transparent rental process.