Property Inventory Log

An inventory log can record the condition of the items available in the rented house. This log can be very helpful for both tenants and landlords. The landlord interviews to create a form of inventory that he can use until the end of the tenancy.

This does not contain only the information about the inventory on the sheet; it also includes all the step-by-step interviews, which are necessary for both tenant and landlord. You can easily create it online and download it after creation.

Excel Template: 64 KB

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When a person wants to rent a house or flat, he can use this property inventory log. It can also be used to record the conditions of the items available in the leased property. When the property is furnished or unfurnished, you, as a landlord, can prepare it for your convenience. This property inventory log can be created when your property is quite big or has at least two rooms, four bedrooms, and four bathrooms.

The landlord includes a list of normal furnishings in the rented property. This log also mentions the condition of carpets, walls, and doors and records the condition of items at the start and end of the tenancy.

The property inventory log tracks what the landlord has given to the tenant in the rented house. This can be very helpful in the future in case of any problem or lawsuit.

Property Inventory Template

If you are a real estate agent or even own a rental business, you need to log in to your properties, owners’ details, payment dates, rental details, and more. This can be a tough task if not handled properly. A property inventory template can help you out. These can cover all the necessities required, no matter what you tend to rent out.

What is a Property Inventory Template?

An inventory tends to be a detailed list of all the items in a property that a tenant may use. It records the state and condition of every item.

How to make a Property Inventory Template?

• Use MS Word or Excel– The template can be made in Word or Excel. You can select the platform that is easier for you.
• Different tables—Different tables can be created that consider different things. These can include utilities, furniture, keys given to the property, a summary of the property’s status, etc. It is easier to use tables as they are less confusing.
• Include condition of items– In the table, a section can be present that briefly describes the condition of the items. For instance, for doors and windows working, you can have a section where you can write yes or no. In this way, you have a written record of those things in working condition. This can help later. A column stating the description, settings, and the reading of certain items can be given. Another column on whether an instruction manual was provided may also be added.
• Furniture items—When making the table for the furniture items, you can have four columns. One will list the items, model and other details, condition, and quantity. This will be comprehensive and give details of the furniture that you can refer to later.

Advantages:

• Tables are presented with different aspects of the property that can be referred to when needed.
• You have evidence that may be required later when removing the previous tenants.

A Property Inventory Template is a worksheet that can help a real estate agent or someone renting out some property. This is because it can clearly state details that are often easily forgotten.

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