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Inventories
An inventory is an essential part of any tenancy. It is, in effect, a written ‘benchmark’ for comparing the condition and contents of the property at the start and end of the tenancy. It should be drawn up by an independent, professional inventory company and without it, in the case of a dispute over the deposit, it is almost impossible to claim any damages or dilapidations at the end of the tenancy.
The inventory comprises three parts:
- The inventory document is a written report detailing the fixtures and fittings in a property.
- The check-in report is a separate report drawn up against the inventory. It details the specific condition of the fixtures, fittings and of the property generally at the very start of the tenancy.
- The check-out report – this is the report drawn up at the very end of the tenancy detailing the condition and contents against the original check-in and inventory to assess any damage or dilapidations (aside from fair wear and tear) that may have taken place during the tenancy.
Neither landlord nor tenant is actually required to be present for the check-in or the check-out as it is carried out by an independent party.
Inventory prices will vary depending on the size of your property and its level of furnishing, however we are able to advise on approximate costs. It is common practice for the landlord to bear the cost of the check-in and inventory whilst the tenant is responsible for the cost of the check-out.