In real estate, the final walk-through is an essential step before the closing of a home sale. It allows the buyer to ensure that the property is in the same condition as when they agreed to purchase it, and that any required repairs have been completed as per the agreement.
In construction, a final walk-through is the last inspection before the project is officially completed and handed over to the client or owner. It ensures that the contractor has met the requirements set in the contract and that all work is up to standard.
In the context of rentals or leases, the final walk-through typically refers to the inspection conducted when a tenant is moving out of a rental property. This ensures that the property is in the condition it should be when the lease ends, and helps determine whether the tenant is entitled to a full or partial refund of their security deposit.
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