subject: Property Maintenance : Some Important Things Every Property Owner Must Know [print this page] Property maintenance refers to all the measures taken to take care of a property; i.e. residential building, offices etc to keep the property in a good condition and extend its longevity.
Property maintenance: Basic facts
Environmental factors like torrential downpour, flooding, hurricane, earthquake, hail etc can cause much damage to our property. Heat, smoke, fires etc are the other man-made factors that can damage buildings like anything. Household molds and things like woodworms also cause limitless damage to the various major structures associated with our properties if not checked in time. Property maintenance would help to safeguard the property against all these assaults. The word maintenance further refers to some repair works that may be needed in course of time.
Property maintenance: Types
The landlord of a property is mainly responsible for all its maintenance works. Property maintenance can be of the following types:
Corrective property maintenance-Such maintenance generally follow a breakdown of some amenity, utility or equipment used in the building. Such maintenance works involve the repairing of the equipment or amenity that is not working and the repairing is done on an urgent basis to make those functional again. The repairing works could be things like mending the leaky faucet, replacing a rusted and broken sink or a toilet that is not functioning anymore.
Preventive property maintenance-Such maintenance aims at preventing or controlling property damage. The landlord undertakes routine inspection of property to nip smaller damages in the bud so that expensive repairs in the days to come may be avoided. The main intention of the landlord is to shun the costs of corrective maintenance through effective routine inspections of property.
Routine property maintenance-Such maintenance work is done on a routine basis, say after every week or month. The common areas of a property, say play ground, garden etc may be cleaned or maintained on a routine basis. This is the most common and frequently used form of property maintenance.
New construction property maintenance-This type of property maintenance boosts the income that the landlord can get from real estate investment. If the landlord beautifies the new constructions, he will make his potential tenants happy and they will buy the property from him. This type of property maintenance may involve things like carpeting the floor, tiling the walls, covering the walls with wallpapers, painting walls, burnishing doors, light fixtures and so on.
Property maintenance: Benefits of hiring a property management company
The main benefits of hiring the services of a property management company are:
Property management Company through their tenant screening procedure will supply you with good quality tenants if you are the landlord. You will get your rent in time
A property management company has qualified professionals who can do for you all the accounting, tenant screening, leasing, marketing, maintenance so that you get substantial returns and a lot of your money as well as time is saved.
A property management company provides emergency services. If suddenly the property suffers an intrusion or a disaster such as a big fire occurs, the property management company sees to it that all businesses can run uninterrupted.
So these are some important facts on property maintenance.
