Guest InsiderI always prorated at 5 years. I think lessors are harder on what isn’t theirs. Didn’t read the attached though.
Robin Rickel Agreed. I’m not seeing apartment sheet vinyl lasting 10 years.
David TroupI agree that renters are harder on things that aren’t theirs, but I’d disagree with not holding them accountable for that. If laminate flooring is supposed to have a ten year life, I absolutely think residents should be charged when they destroy things prematurely.
Guest InsiderCarpet 5 years. Vinyl 10 years. But we went off the recommendation from the flooring company as different material can have different lifespans. I would go based off your flooring companies recommendation and then keep it consistent, unless you happen to change materials after some time
Guest InsiderWe prorate carpet at 7 years, other flooring at 10. There’s no hard and fast rule. The thing is to be consistent. Set a life expectancy schedule for items and stick with it.
Guest InsiderI think ours is 10 years? We’ve only had to do it a few times in the last 5 years, and it is prorated considering their occupancy.
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