One of the primary goals of property surveys in leasehold management is to:

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In the context of leasehold management, one of the primary goals of property surveys is to inform about necessary repairs. These surveys involve a detailed assessment of the property's condition, highlighting areas that may require maintenance or renovation. Understanding the state of the property allows management to prioritize repairs, allocate budgets appropriately, and ensure that the property remains safe and appealing to occupants and potential tenants.

Identifying necessary repairs is crucial not only for maintaining the property’s value but also for ensuring compliance with safety and regulatory standards. By addressing these issues promptly, property managers can prevent more significant problems in the future, ultimately protecting the investment and enhancing the living experience for tenants.

This focus on necessary repairs distinguishes property surveys within leasehold management from other goals, such as increasing property value, identifying investors, or developing sales strategies. While those metrics may be of concern to property managers, the immediate and pragmatic purpose of a property survey lies in assessing and addressing the physical condition of the asset.

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