Property Management
When a residential tenant's lease expires and the tenant vacates in Illinois, the landlord should document the property's condition by:
AVerbally noting any damages before re-renting the unit
BConducting a move-out inspection and comparing it with the move-in inspection report✓ Correct
CHaving a licensed contractor estimate all repairs regardless of actual damage
DHaving the property independently appraised immediately after vacancy
Explanation
A move-out inspection compared to the move-in inspection report (with supporting photos and documentation) is the proper way to document any damages for which a tenant may be charged. This documentation supports any security deposit deductions and protects the landlord if the tenant disputes the charges.
Related Illinois Property Management Questions
- In Illinois, what is a 'percentage lease' and in which type of property is it most commonly used?
- Under the Illinois Security Deposit Return Act, a landlord must return a residential tenant's security deposit within how many days after the tenant vacates?
- A property manager discovers the roof of a managed property needs emergency repairs after a storm. If the owner is unreachable, the property manager should:
- Which of the following is typically NOT included in a property management agreement?
- Under Illinois law, a residential landlord must give the tenant advance notice before entering the unit for non-emergency maintenance. The required notice period under the Chicago RLTO is typically:
- In Illinois, a property management agreement is a contract between the:
- A commercial property lease in Illinois that requires the tenant to pay a 'pro-rata share' of operating expenses means the tenant pays:
- Under Illinois law, when a landlord wishes to terminate a month-to-month tenancy, how much advance written notice must be given?
Practice More Illinois Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Illinois Quiz →