Days from termination of lease to completed inspection
What is it?
Days from Lease Termination to Completed Inspection is a key performance indicator that measures the time period between the termination of a lease agreement and the date when the inspection is actually conducted. This KPI helps assess how quickly and efficiently inspections are performed after a lease has been terminated.
How is it calculated?
The number of days from terminated lease to completed inspection
* Includes only those inspections completed within the selected period (and only relating to rental properties).
Why is it important to follow?
Carefully tracking the number of days from lease termination to completed inspection is crucial for ensuring efficient and timely management of inspections. By having insight into this timeframe, the organization can optimize its processes to quickly and effectively conduct inspections, which is essential for ensuring the property is in good condition and ready for the next steps, such as re-leasing or sale. It also helps identify any delays or inefficiencies in the inspection process, allowing for prompt corrective actions to improve overall operational efficiency and customer satisfaction.
Created by Homepal
6/13/2024
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