Property Management
In South Carolina, what is the primary purpose of a 'property inspection report' at lease commencement?
ATo determine the property's market value
BTo document the property's condition so the security deposit can be properly accounted for at lease end✓ Correct
CTo fulfill SCREC licensing requirements
DTo certify the property meets building codes
Explanation
A move-in inspection report, signed by landlord and tenant, documents the property's condition at the start of the tenancy. This baseline record protects the landlord's right to deduct for tenant-caused damage and protects the tenant from being charged for pre-existing conditions.
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