An inventory is a report that provides detailed information about the contents and condition of a property. Since the introduction of new legislation on 6th April 2007 it is now recommended to have an independent property inventory conducted to ensure a deposit is secured for the lease of a property (See Tenant Deposit Scheme).

The inventory contains information on the condition of the property, plus all fixtures and fittings, including carpets, curtains, decorations etc. The report should be used as part of the check-in and check-out process and ensures that the tenant is aware of the condition of the property and their responsibilities in maintaining it. The document is vital to ensure the return of the tenant’s deposit and to assist in resolving disputes that may occur due to damage to any aspect of the property or any missing items.