An inventory check is an essential component of effective property management and a key means of protecting landlords, tenants, and management agents. It is a thorough and objective record of a property's condition and contents at certain times during the term of the letting. When done properly, an inventory check can be a powerful tool in avoiding disputes and ensuring compliance from the outset.
Why Inventory Checks Are So Important
For a landlord, property checks will offer a sense of protection. It is because an individual may require evidence for a discussion about a deposit. Alternatively, evidence may be used to hold accountable damage that goes beyond wear and tear. It is because, in the absence of a property check, one may face a challenge in establishing its original state. It will make a landlord vulnerable during a dispute.
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