Day: September 15, 2017
The most important reason for getting hold of a different inventory clerk is to attempt to avoid any arguments at the end of the tenancy which may cause a delay in deposit yields. The inventory clerk generates a snap shot of how the property appears before the tenancy starts and when the tenancy ends. This then lest there be a different perspective which may be compared and any repairs that will cost money to the landlord who are outside the normal realm of wear and tear could be solved amicably. If this can’t be done amicably then the independent documentation can be submitted to an arbitrator who will make an unbiased opinion about what the prices should be so that the landlord and the tenant can then sort out their differences. From the above you can see that the primary sticking point at the end of the property is always the agreement between both parties as to what could be called fair wear and tear.
When there is damage to the property or fixtures and fittings if current and it is thought of as fair wear and tear it is then the responsibility and cost of the landlord. If not then an agreed amount needs to be taken from the deposit and the balance given back to the renter. Many landlords and letting agents started out by performing stocks, checking and checkouts themselves but it is slowly getting more and more common to engage in a different inventory clerk. This is partly because of the need of getting an accurate snap shot of their property including all of its advantages and faults, lots of which won’t be mentioned by the landlord or agent as they have seen too much of their property. The Independent inventory clerks is a new pair of eyes seeing that the property likely for the first time ever and they have the ability to pick.
An inventory is at its most important once the property is completely furnished. Not only is the status of the structure significant but in the event the description of the furniture and its condition is of utmost importance so that a proper comparison can be made between the beginning and the end of a lease. The final most important sort of introduced evidence is the source of obsolete and timed photos that pictorially represent the description provided. The description is known as the most significant evidence but the images help to reinforce the description.