What is a property inventory?
A property inventory is a detailed and comprehensive record of the condition and contents of a rental property at the start of a tenancy. It is a crucial document for both landlords and tenants, helping to prevent disputes over property condition or damages when the tenancy ends. A property inventory typically includes:
How do I create a property inventory?
You can use the NRLA property inventory template when creating an inventory or if you would like a professional to undertake the inventory for you we recommend using one of our service providers on the NRLA services page.
When should I give the property inventory to my tenants?
Your AST or Occupation Contract should outline the latest date that you can provide the inventory by, to the tenants. Ideally, this would be on the first day of the tenancy.
Where can I find more information?
The NRLA offers guidance on inventories that can improve a landlords understanding, visit this link NRLA inventories page
Where can I find training on this topic?
The NRLA offer a multitude of courses for our members to increase their knowledge and improve their skills as a landlord. They come in three types of formats depending on your preference:
- Classroom: In-person sessions for hands-on learning.
- eClassroom: Interactive online classes that allow for real-time engagement.
- eLearning: Flexible, self-paced online courses for those who prefer learning on their own schedule.
Last reviewed 13th December 2024