Normal Wear & Tear Addendum

An addendum to your management agreement that sets a defensible standard for wear and tear versus damage, with useful-life tables and a depreciated deduction protocol aligned to HUD guidance and S.C. Code § 27-40-410.

What's included.

• ◆Editable Word version
• ◆Key definitions: wear and tear vs. tenant damage
• ◆Useful-life (longevity) standards by component
• ◆Depreciated damage-deduction protocol

Jurisdiction note.

This document is drafted for the jurisdiction(s) listed above and reviewed against current statute and case law. Always have local counsel review before use in a live transaction. KIORE documents are educational templates, not legal advice.