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If damage to the property occurs while the lessee is living at the property, they may be responsible for covering repair costs. What happens if a landlord finds new damage to their property? Move-in and move-out checklists are important because they protect both the landlord and the tenant by a) informing the landlord what (if anything) is newly damaged and in need of repair, and b) preventing the tenant from having to pay for pre-existing damage. Why is having a move-in move-out checklist important for landlords and tenants? For a look at what is typically included in a move-in move-out checklist, keep reading. The move-in move-out checklist ensures that this process is handled smoothly and fairly. In this case, the landlord typically deducts the cost of repairs from the tenant’s security deposit. However, damage that occurred while the tenant lived at the property may need to be covered by the tenant. The cost of repairing pre-existing damage, or damage that existed prior to the tenant moving in, will not be the responsibility of the new tenant. This important document will be used prior to the tenant moving in and upon the tenant moving out in order to assess any and all damage – including both pre-existing damage and new damage. Preparing to rent out your property to a new tenant? Before handing over the keys, we strongly recommend providing them with a move-in move-out checklist.