Jan05

Property Inventories Are a ‘Must Have’

Property Care is a timeless theme that every tenant and landlord effects. This article focuses on the essential elements of the legislation on the legal responsibilities of landowners lease agreements and the impact of government in industry.

Landlord, in very general terms, have a statutory responsibility to:

• Repair of the structure and exterior of their property, including drains, gutters and external pipes
• the installations for the supply of gas, electricity and water, and the installations for providing space heating and hot water
• Keep the general standard or suitability of the property for residential purposes
Tenants have an implicit covenent to act in a “tenant-style”. Roughly speaking,
• to report immediately decay
• take reasonable steps to ensure that neither they nor their guests damage the property
• Keep the property reasonably warm and aired to condensation or freezing of pipes to prevent
• Leave the building and outside the protected
• Keep the garden and other areas very well and free of clutter

Stocks are a “must have” …

TDS reports of disputes between tenants and landlords have arisen about the following topics:

52% 48% 23% Damage Cleaning Decoration

16% 14% gardening rent arrears

32% other – agents such deposits / money / keys etc.

Inventory

introduced to the Housing Act 2004 (under the law for tenants’ deposits) to protect not necessarily provide a list – but legislation is absolutely necessary. Since April 2007, an Assured Short-hold tenancy deposit protection. If no agreement, the matter shall be referred to the Dispute Resolution Services. The main documents which can be used as evidence on these issues, with the exception of the lease, the first inventory and schedule of condition (along with a check in the report) and check-out report. Besides, if they occur, may require interim reports of the visit also useful. In a case likely to rely on these documents and they are expected to be reliable.

Best Practice

Your agent has an implied rental agency to ensure that the leasing of high quality process documentation support. Without a document to the condition of the property to illustrate the beginning of the lease can not be measured in order to compare, at the end.

If no inventory or a very poor inventory and the tenant damages disputes at the end of the lease the indication may be omitted, and the agent or perhaps because of lack of education for the actions of an inventory.

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