December 17, 2013
Some landlords feel that the cost of instructing a professional inventory provider, to compile an inventory and check-in report, is not worth the cost. Some feel that they are better off drawing up a list of items in the property themselves and leaving it at that.
It is to these landlords that I urge to rethink as the benefits of having a professional inventory and check-in far outweigh the nominal cost involved.
This itemises and details the property (fixtures, fittings, furnishings, etc.) and therefore, the inventory should not change much from tenancy to tenancy, unless the property has been refurbished/re-decorated.
This details the condition of the property, fixtures, fittings and furnishing on the date that a tenancy starts. It will include a schedule of condition that provides the landlord with a general overview of the property i.e. cleanliness, decorative condition etc.
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