Rental Property Management Agreement - Moisture and Mold Warning Clause

This clause is designed to alert property owners to potential liabilities associated with high moisture levels and mold growth. By incorporating this provision into the property management agreement, property owners are advised to undertake initial and regular inspections, aiming to detect and address moisture-related issues before they escalate into significant problems.

Clause: Moisture and Mold Liability Warning

1. Liability Disclaimer: TouchPoint Property Management hereby advises the property owner that high moisture levels and mold growth can pose serious risks, including health concerns and potential property damage. While the property management company will make reasonable efforts to address moisture-related issues, the owner acknowledges that failure to take proactive measures may result in liabilities.
2. Initial Property Inspection: TouchPoint Property Management strongly recommends an initial inspection of the property, including a thorough assessment of potential moisture sources, such as crawl spaces, basements, and attics, before the tenant moves in. This inspection aims to identify and address any existing moisture issues to prevent further complications.
3. Regular Property Inspections: TouchPoint Property Management further advises regular property inspections to monitor and maintain optimal moisture levels. These inspections should be conducted periodically, with a focus on areas prone to moisture accumulation, to detect and address any emerging issues promptly.
4. Professional Inspection Services: TouchPoint Property Management recommends engaging professional inspection services to assess moisture levels more comprehensively. Professional inspections can utilize specialized equipment to identify hidden moisture and potential mold growth.
5. Owner's Responsibilities: The property owner acknowledges their responsibility to promptly address any moisture-related issues identified during inspections. Failure to do so may result in increased liabilities, including potential health risks for tenants and property damage.
6. Documentation of Inspections: TouchPoint Property Management will maintain records of all property inspections, including documentation of moisture levels and any remedial actions taken. Such documentation may be crucial in mitigating liabilities in the event of a dispute.

By incorporating this Moisture and Mold Liability Warning into the property management agreement, both parties aim to work collaboratively to maintain a safe and habitable living environment for tenants. The property owner is encouraged to prioritize regular inspections and address moisture issues promptly to avoid potential liabilities and ensure the well-being of tenants and the property.