REPLAY - DEEP DIVE into Normal Wear and Tear

What is normal wear and tear you ask?  How do you know what will be charged to you when you depart a unit?  What is considered willful damage and where is there a gray area?  In today's episode we go over the difficult-to-define "normal wear and tear", and review the US's Housing and Urban Development (HUD)'s guidelines of life expectancy in rental items.  As a tenant, you need to educate yourself of what may be taken out of your security deposit; as a landlord, you need to budget for inevitable repairs, replacements, and renovations in your rentals. 

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