Verification of Property Condition
A form documenting the buyer's final walkthrough of the property verifying that it is in the condition agreed upon and all repairs have been completed.
When Its Used
Completed during the final walkthrough, typically within 5 days of close of escrow. Confirms the property is in agreed-upon condition.
Key Sections
Property condition verification; Repairs completed as agreed; Personal property included; Systems operational; Acknowledgment of any issues
Common Mistakes
Skipping the walkthrough; Not verifying repairs were made; Rushing through the inspection; Not noting problems before signing; Signing before addressing issues
Pro Tip
Never skip the final walkthrough. Test all appliances and systems. Verify that any negotiated repairs were completed. Document any issues before closing.
