What is ‘Fair Wear and Tear’?
The definition of ‘Fair Wear and Tear’ is often a contentious one between landlords and tenants! And to complicate things further, there is currently no legislative definition of ‘Fair Wear and Tear’. Generally, it is considered damage that occurs due to the ordinary use of the premises by a tenant over the passage of time or the ordinary operation of natural elements.
Some practical examples of ‘Fair Wear and Tear’ would be:
Old, warped window frames
Paint that has faded in the ordinary course
Plaster that has cracked as a building settles
Carpets worn as the result of being walked on
The following would constitute damage due to negligence and would be for the tenant’s account:
Windows damaged as a result of being slammed
Walls damaged by nails or screws
Paint discoloured as a result of cigarette or candle smoke
Carpets discoloured by pets or stains
Kitchen counters scratched due to cutting
It is important that your Lease Agreement is specifically drafted to avoid any confusion and that the definition of ‘Fair Wear and Tear’ is carefully explained to tenants so that they are fully aware of their obligations regarding the maintenance of the property.
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Vacancy Survey 2023 Q3
The demand for residential rental property remains strong. Vacancies have declined nationally to 6.76% in the third quarter of 2023, the lowest since 2017. Despite a constrained economy, tenants have continued to meet their rental obligations with te…