Importance of an Inventory

Quite simply a thorough inventory reduces the chances of a discrepancy at the end of the tenancy.

Detailing the condition of the property and any contents should be in an easy clear format that can be followed throughout the property.

It is important to describe each item in as much detail as possible. For example, walls painted magnolia or all walls are plastered and painted magnolia with a dent approx 2”x3” by the light switch.

A detailed inventory means nothing without signatures from both the tenants and an agent to agree with the contents.

Photographs do not replace a written document, incorporating photographs into the inventory can help but the written description is essential. Old photographs could be used that do not portray the property in the condition as at the commencement of the tenancy.

If you have never completed an inventory before or have old inventories that need updating, contact us and we can assist with the process.