What could go wrong with a DIY Inventory?

What could go wrong with a DIY Inventory?

Writing down the contents of a two-bedroom property could easily be done on one side of paper, but if you do not consider the ‘fabric’ of the property you could find that your Inventory and Schedule of Condition is not detailed enough to prove that your tenants have caused damage.  For example, if in your Inventory and Schedule of Condition there is a pair of hanging curtains, you should also state:

 

  1. the colour;
  2. whether they are lined or not;
  3. what fabric they are made of;
  4. whether they are hung with hooks or a form of tab top;
  5. the age of the curtains (if known);
  6. if there are any marks or nicks in them and if so how many and where they appear.

You can see from the list above how easy it would be to miss an important piece of evidence about the detail of those curtains.  It would be easy for a tenant who had damaged a pair of lush velvet curtains to claim they could replace them with cheap cotton unlined curtains.

This may seem a lot but our clients value this level of detail because if a tenant causes damage to any one of these parts they will want to be able to prove the condition when the tenant moved in so that they can demonstrate the tenant(s) are liable for any costs of repair or replacements, at check-out.

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People and property are my passion, and I love it when they work together in harmony, especially when it involves a binding legal agreement that provides an accurate written record of the condition, contents, and cleanliness of a property at the beginning, during and end of a tenancy. My role is to share insights, knowledge, skills, and know-how with people invested in property. Read more about the evolution of IAM Inventories.