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Pre-Handover Checklist

Conduct final inspection of the property to ensure everything is in good condition

Obtain all necessary documentation, including keys, access codes, and manuals

Ensure all outstanding payments and dues have been settled

Notify utility companies of the change in ownership

Update tenant information with new owner details

Provide new owner with a comprehensive handover report detailing the condition of the property

Schedule a meeting with the new owner to review the handover report and address any questions or concerns

Property Handover Checklist

Inspect all rooms and common areas for cleanliness and damage

Check all appliances and fixtures for proper functioning

Test security systems and alarms

Verify that all keys, access cards, and remotes have been handed over

Ensure that all necessary repairs and maintenance tasks have been completed

Confirm that all necessary documents, such as contracts and warranties, have been transferred to the new owner

Legal Handover Checklist

Transfer ownership of the property through the appropriate legal channels

Update property records with the new owner's information

Ensure that all relevant legal documents, such as title deeds and contracts, have been transferred to the new owner

Obtain signatures from all parties involved in the handover process

File all necessary paperwork with the appropriate authorities

Financial Handover Checklist

Transfer any remaining funds from the previous owner's account to the new owner

Update all financial records, including rent payments and security deposits

Provide the new owner with a breakdown of all financial transactions related to the property

Ensure that all outstanding financial obligations, such as taxes and fees, have been settled

Close out any accounts or contracts that are no longer needed

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