What is an Inventory Report?
An inventory report records the contents and condition of a rental property at the start of a tenancy. It helps Landlords, Agents, and Tenants understand their responsibilities for maintaining the property.
For a successful tenancy, Landlords need more than just a tenancy agreement, references, and deposit protection. Documents like inventory reports and follow-up inspections are crucial. An inventory report can protect a Tenant’s deposit or save a Landlord from costly issues after the check-out.
A thorough inventory report prevents disputes by providing clarity. The TDS, My Deposit, and DPS recommend a detailed inventory at the start. It should describe the property’s condition at check-in, offering a comparison for its return at the end of the tenancy. The guide stresses that the inventory should clearly define terms for condition and cleanliness. It must be understandable and defensible in case of a dispute.
While inventory reports are not legally required, the National Residential Landlords Association (NRLA) says they are essential for dispute resolution. Using an independent agent to prepare the report ensures fairness and prevents bias.
What We Do – Grace Inventories Bromley
At Grace Inventories Bromley, we create inventory reports that follow recognised industry standards. We tailor each report to meet your specific needs. Our inventory reports include a full property inspection. We document the fixtures, fittings, contents, and condition, including furniture and furnishings when applicable.
We ensure our inventory reports are unbiased, clear, and detailed. They are reliable for dispute resolution and legal proceedings.
Our team works with the Landlord, Tenant, and Agent. We clarify findings, answer questions, and keep everyone informed about the property’s condition.
Contact us to learn how we can help with inventory reports, check-in, check-out, and mid-term inspections.
Call or Whatsapp : 07494 313882
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