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reasonable wear and tear

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reasonable wear and tear n. commonly used in leases to limit the tenant's responsibility (and therefore liability to repair or repaint) upon leaving. It is subjective, but the considerations include the length of time of tenancy (the longer the occupancy the more wear and tear can be expected), the lack of unusual damage such as a hole in the wall or a broken window, and the condition of the premises when the tenant moved in. This is often a source of conflict between landlord and tenant, particularly when there is a deposit for any damages "beyond reasonable wear and tear." (See: lease)
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You will need to pay your reverse mortgage back if the last survivor either moves out or expires, all borrowers permanently move from the home, you stop paying property taxes or home insurance, or the property deteriorates beyond reasonable wear and tear and you do not resolve the issues.
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Landlords who let to student tenants are the most likely to be hit hardest as all deposit disputes will be referred to an arbitration panel, which could result in inspectors visiting properties to assess damage - which can be taken from a tenant's deposit - and reasonable wear and tear, which cannot.
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``You are only allowed reasonable wear and tear,'' Tony warns.
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