An inventory is a legal document which states an accurate written record of the condition and contents of a property at the beginning of a tenancy. This has been very important since the introduction of a legal requirement for the landlord to keep the tenant’s deposit, until the tenancy agreement/contract ends. This means in order for the Landlord to deduct monies from the deposit, evidence needs to be shown to prove any damages caused by the tenant. The only way this can be done is through an accurate inventory, protecting both the landlords and tenants.
Canary Properties always recommend landlords to take out an inventory on all their properties.
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