What are Property Inventories?
An Inventory is a report with photographs about the condition of the property before it is rented out. Property inventories will include details of any fittings, furniture or appliances in the property. It will also list any defects that there may be.
It’s an essential document as it represents a very good comparison on what the property used to look like and how the tenant has left it. It also eliminates disagreements as both the Landlord and Tenant have a clear description of the initial condition of the property.
Why is an Inventory Important?
It helps Tenants to receive the right amount of deposit back. It also provides an arbitration process between the Landlord and Estate Agent.
See our Guide to Renting for further information and tips.