The Inventory & Condition Report

THE INVENTORY & CONDITION REPORT

This is an important legal document forming an integral part of the Tenancy Agreement. Unfortunately many Landlords fail to realise its importance and try to “save money” by preparing their own Inventory. More often than not this proves to be a false economy, as amounts cannot be withheld from a Tenant’s deposit in compensation for loss or damage unless it can be proved that the loss or damage was actually caused by the Tenant. If the condition of the particular item is not accurately described, how can it be proved that the Tenant caused the damage? Unfurnished properties also require an Inventory, as there will be walls and floor coverings, kitchen and bathroom fittings etc the condition of which will also need to be described.

Where a dispute cannot be resolved amicably by referring to the contents of the Inventory, a Tenant’s only recourse is to commence proceedings through the Courts. This is a relatively inexpensive process that is usually settled by arbitration. Judgement will be made only on the basis of written documentation. If the Inventory proves the Tenant is responsible for the damage as you claim, they will lose the case and you will be entitled to compensation. Conversely, if the Inventory provides insufficient proof in the opinion of the Court, then judgement will be made in favour of the Tenant and you will be ordered to return the monies you have withheld. In the circumstances we strongly recommend that you allow us to draw up the Inventory.