When you are a landlord with a couple of properties that you let, or perhaps five or six, you are probably only too well aware that you need to carry out inventory on a regular basis. Your tenants are required to pay a deposit, and you are entitled to claim the cost of any repairs from that deposit if they cause damage to your property.
So far, so good. But you can only do that if they agree that the damage is their fault and not fair wear and tear. Unfortunately, the fact is that tenant disputes have increased dramatically over the last few years since the introduction of the Tenant Deposit Scheme because both tenants and landlords have realised that it costs nothing to begin a dispute.
This is why carrying out inventory on a regular basis has become so much more important. If you have got records to show exactly what condition everything was in at the beginning of the tenancy and at the end, along with interim records and photographs to go with them, then your chances of making a valid claim increase considerably.
The problem is that, unless you are an experienced landlord, you may not know how to go about carrying out inventory the correct way.
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