The inventory outlines not only what is in the property, but also condition of the property itself. Even if the property is unfurnished, you should have an inventory carried out as it will record the condition of the walls, curtains, carpets, bathroom, kitchen appliances, garden and the property as a whole.
If a dispute were to arise in relation to deposit deductions, a judge will not look favourably upon an inventory prepared by a landlord. Judges are notoriously favourable of tenants and have been known to favour tenants over landlords unless there is solid evidence in support of the landlords claims.
Every rented property should have an inventory which has been prepared by an independent inventory clerk. Our clerks will go through your property and note every detail. The reports will then be provided to both you and your tenant, at which point the tenant will have 7 days to agree and sign or provide additional comments to the report. The final draft will then be used at the end of the tenancy when the tenant checks out.
At the start of a tenancy an inventory clerk will prepare an Inventory and Check-In report and at the end of the tenancy, a Check-Out report. These are three vital documents that a landlord should have for each property. An inventory should normally last up to 5 years, but can be updated with every new tenancy at the landlords request. The inventory is the property manual and is then used for all subsequent check ins and check outs.