Property inventories help avoid tenant disputes

by Daniel Jones

With many landlords no doubt setting up new tenancy agreements this month, there are various measures they can take to minimise the likelihood of disputes.

My deposits, the tenancy deposit protection scheme, explained that drawing up a property inventory can have a wealth of advantages.

Both the landlord and their tenants should be required to sign and date the document, which also helps minimise the chances of an argument arising.

Rent account statements also need to be kept up to date, while invoices and receipts for repair work carried out on a property need to be retained as evidence.

Eddie Hooker, chief executive officer of my deposits, commented: "By taking some simple precautions, landlords can minimise the risk of being left out of pocket in the event of damage to the property or unpaid rent."

He noted that this reminder comes at a good time, as landlords prepare for the return of university students.

  • Landlord and Tenancy News from Lawpack: Solicitor-approved property inventory template with expert guidance on completing the legal form

Published on: September 23, 2011

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