Definition
A list of defects, unfinished work, or items that don't meet quality standards, documented during property turnover. The developer is obligated to fix punch list items within a reasonable period. Common items include paint issues, fixture problems, and minor defects.
Examples
- •Punch list: scratched tiles, leaking faucet, paint touch-up needed
- •Developer must address items within 30-60 days
Tips & Best Practices
- ✓Be thorough during inspection
- ✓Take photos and videos of all issues
- ✓Get written commitment on repair timeline
Related Terms
More in Development Terms
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