Ceilings (cracks, scratches, structural issues).Flooring (whether carpeted, wooden, or stone).Walls (check for prior damage, holes, scratches, etc).Since there’s a lot to keep track of, we’ve decided to come up with an easy-to-follow checklist for you, so you’ll know for sure whether your property inventory complies with the UK’s requirements. This isn’t limited to objects, as structural features fall under the same obligation. Practically everything that could potentially be damaged inside the house needs to be noted in the inventory. It’s a vital part of the rental process in the UK, and shouldn’t be ignored under any circumstances, or you’re leaving yourself open to being hurt in the future. This way, the landlord or lessor will be able to claim any damage done to the property against the tenant’s deposit, and can assure themselves of compensation in the unfortunate instance that a piece of their property gets damaged throughout the course of the tenant’s tenure in the residence.Īs well as being required by law, property inventories are very important documents that you don’t want to go without. Are Inventories Mandatory?Īccording to the law in the UK, any deposit a landlord takes from a tenant must be protected in a government deposit protection scheme, of which there are several to choose from. Ideally, these two documents will be in the same form, so it’ll be relatively straightforward to compare the two pieces of paper and figure out if there are any discrepancies. When Do You Need To Make One?Ī thorough property inventory should be taken at some point before the tenant moves in, and again on the day the tenant moves out. Many inventories include digital photographs to accompany the written information.ĭownload a free inventory template form. It’s worth taking the time to do things right the first time when it comes to legal matters, and property inventories are no exception to the rule. Given that it’ll serve potential legal purposes, it’s important that each document is signed and co-signed correctly. The document itself must be made into two copies, one for the tenant and one for the landlord. In some cases, communication may not be as flawless as everybody would like - in those situations, it may be necessary to involve a bailiff, although obviously this isn’t ideal for either party. How Do You Create An Inventory?Īn inventory can be created by the collaboration between the tenant and the landlord, although it’s worth mentioning that an agent can act in place of the landlord if need be. We’ve decided to come up with a guide to creating a property inventory, in order to streamline the process as much as possible and make it easy for you to create your own inventory. It’s also a great way to save time between one tenant and another since you won’t have to spend too much of your time going around trying to find things that might be broken or could need fixing before the arrival of your next tenant. Why Are Inventories Useful?Īs well as preserving your property, this is a way to make sure that you and the tenant are on the same page when it comes to potentially damaged items.īy creating a thorough property inventory, you’ll be able to make sure that anything that gets broken will be repaired by your tenant since you’ll be able to prove that the item was unbroken before they moved in. It can be worthwhile to create an inventory for any kind of space you’re looking for potential tenants to occupy, be that a residential or commercial area, or even a plot of land like a parking lot or a potential building site. Regardless of whether you’re a landlord with a number of properties, a private owner looking to rent out their apartment for the first time, or somebody who makes a living renting houses, it’s vital that you have an exhaustive list of every single item potential residents in your home are likely to come into contact with.īasically speaking, an inventory is an extensive list of items you already have within the property you’re looking to rent. There are a number of different homeowners who will want to make sure they perform a property inventory before getting on with selling their place. A property inventory is a record of all the things that you own in your house.
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