What is a property inventory report?
A property inventory report is a comprehensive report detailing each room within the rented property, its contents and their condition and is often supported by photographs. The inventory report is normally performed by trained property professionals, property managers or inventory clerks.
The detailed inventory report is generally used in conjunction with short hold tenancy agreements. The property inventory states the condition of the property at the beginning of a tenancy. This is a great way of recording meter readings, keys and maintenance issues with photographic evidence. Property inventory reports can be used to check in new tenants.
This process involves either property professionals, inventory clerks or landlord to meet the tenants at the property and go through the inventory report. Property inventories are then compared to the check out report once the tenants vacate the property. A detailed description inventory, check in report and check out report is a great way to avid deposit disputes regarding a tenancy deposit.
Peach Software property inventory reports are generated using an app on a mobile device. Our software allows users such as property managers, inventory clerks or landlord the ability to create unlimited property reports. Our inventory software has great timesaving features such as the ability to create templates and a fully customisable dictionary.
Whether you are a letting agent, inventory clerk or provide inventory services our software will be a great asset to your business. We have loads of unique time saving features to help create a detailed schedule of condition.
Our inventory reports can be converted into check in reports, inspection reports and check out reports saving uses so much time. This means user to not have to repeat information they have already entered on the inventory reports. The inventory software is extremely user-friendly and easy to work your way around.
Once the inventory report is completed at the property you can export the inventory from the handset. This inventory data is then sent to your account located on our web based server. This will then be converted into your company’s design and layout including your logos colours fonts etc.
When using the checkout report you will have a record of detailed and referenced photos of when the tenants moved in and condition of the property when they move out.
All inventories are stored on the Peach Software website on the management suite. The web management suite is where all of your inventory reports are stored. You are able to view, edit, email, print and much, much more. We have the most advanced inventory management product on the market. You also have the ability to create inventory reports online through our management suite.
We have a host of fantastic, unique features that will transform the way in which reports are compiled.
What happens if there are no property inventory reports?
Without a complete property inventory report, check in report or check out report detailing the condition of the property, there will be no evidence to offer a deposit protection scheme in the event of a dispute. A detailed schedule of condition and details of the property's contents is best way for letting agents, landlord and tenants to avoid disputes. Using the original inventory to compare against the check-out report is a great way to justify deposit deductions.
If you are a letting agent, inventory clerk, landlord, property professional or tenant contact us today to see how you can benefit from our property inventory software.
Do inventory clerks check appliances?
Best practise for a property inventory report is to include a full list of the appliance and also the user manuals as found in the property.
Can I do my own inventory?
Anyone is able to carry out a property inventory report, but if the reports are not detailed or supported with photographic evidence. It can be extremely difficult to convince an adjudicator that deductions from the deposit are valid.
This is because it can be very difficult to prove the condition of the property both at the beginning and end of the tenancy.
An adjudicator will also consider any other evidence to show the condition of the property submitted by either the landlord or tenant.