In plain English
It is a written record of what a property is physically like at a specific moment, including how well it has been kept in repair. It deals with the property's actual condition at that time rather than a general or ongoing description.
In context
Here, "schedule of condition" is the title of the document that records the property's physical condition and state of repair at a particular time.
- Situation
- Managing move-in, move-out, inventory, keys, deposits, and condition reports
- What it communicates
- titles the document recording the property's condition.
Meaning limits
The term itself does not say who prepared the document or what follows from the condition it records.
Examples
“The new crack above the window was not shown in the schedule of condition made when the house was sold.”
“She placed the schedule of condition with the other property papers before locking the drawer.”