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What  is “Useful Life”?

 

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All products have a specific life expectancy determined by their manufacturer.

As a landlord, you can’t charge a tenant the full replacement cost of an item, unless it is brand new at the time it was damaged.

Here is a general list of items and their general life expectancy:

Hot Water Heaters

10 years

Plush Carpeting

5 years

Air Conditioning Units

10 years

Ranges

20 years

Refrigerators

10 years

Interior Painting - Enamel

5 years

Interior Painting – Flat

3 years

Tiles/Linoleum

5 years

Window shades, screens, blinds

3 years    

 

It is vital that you take before and after photos or videos, between tenancies and keep the reports or upload them onto the RealRenta platform, as they will form part of your Property History Report, for future reference.

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Marlene F Liontis