A Inventory Checklist is a document that states the condition of your property and its contents in complete detail. The details mentioned in the inventory are accompanied by photographs and safety certificates. An inventory checklist is a valuable asset in resolving tenancy disputes involving property damage. Nevertheless, many landlords and tenants ignore its importance and end up in expensive disputes. The text below advocates why an inventory checklist for rental property should be compulsory.
Without an inventory there is no legal way that a landlord can make a claim for damages caused to the property. As a result of which the tenant may be eligible to get back their security deposit without the justified deductions. Similarly tenants who take responsibility of a large investment without signing an independent inventory have no proof of what was handed over to them and in what condition. Both tenants and landlords are unprotected in the event of claims for damages. A landlord may claim for a damage or loss to the property for which the tenant might not have been responsible, and without an inventory checklist for rental property the tenant is exposed to possible unfair tenancy deposit deductions.
The Tenant Deposit Protection organisation acts as moderators in case of disputes between landlords and tenants. However, to be able to their jobs they require a professionally drafted inventory checklist. So no matter if you are land lord or tenant you will need the services of a registered inventory clerk. Luckily, today there are a large number of organisations that offer valuable inventory services at affordable rates. Their services can even come as part of a bundled offer.
ZJay Inventory Services is amongst the leading inventory service providers in the UK and with their professional and experienced inventory clerks they guarantee accuracy in your inventory checklist for rental property.