All parties involved in the process can avoid any potential problems by utilizing forward planning and precise checking of inventories.
With long-term lease being more commonly used, the importance of proper inventory is very crucial, because by the end of the lease period, furniture and other things may get a little bit tricky to remember from their initial state.
Aside from undertaking meticulous inventories and records, Marble Property Group also offers counsel to both tenants and landlords on this topic. Nevertheless, it is still best if both parties keep their own copy of records and most importantly; take photographs of the furniture and the entire area as soon as the renters moved into the house.
The termination of a tenancy may seem a long way from when a tenant first move in, but a little planning could do no harm and it lessens the possibility of any complications should there be disagreements between both parties.
As much as possible, landlords are strongly advised to keep the furniture to bare minimum, just to ensure that the inventory process runs as smoothly as possible.
The landlord will provide a property insurance for structural damages, though not all tenants are being fully informed that their own valuables will not be covered by this. It’s vital that they should have their own insurance for security purposes.
The first couple of weeks are the perfect time to get everything sorted out; once things are primed and in place, you don’t have to worry for the rest of the lease period.