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ALK-Inventories-Limited.com OUR FAQ's
What
Is A.L.K Inventory Limited?
An ALK Inventories Limited provides an inventory to protect both tenant and
Landlord
when renting and letting out property's and safe guards both the deposit and
property. An Inventory is a document which lists in details the whole contents
(and the state of the contents) of the property.
This includes everything: furniture (if applicable), fixtures and fittings
- the doors, walls, ceilings, lights, flooring, all down to the slightest
dent or scuff. It is carried out at the start of your tenancy and details
the state of each and every item in the property at that time. Signed by both
the landlord and tenant. It then becomes a legally binding document and an
integral part of the rental agreement.
Who
Needs An Inventory?
Every tenant who rents and every landlord the lets should have an inventory
for each property none furnished, part furnished or fully furnished. The Inventory
outlines not only what’s inside the property, but also the condition it’s
in. This then forms the basis for whether or not a full refund of the deposit
is given to the tenant at the end of the tenancy and a Checking Out Inventory
is also carried out.
What's
The Check-In Report About?
A Check-In report compares the notes on the inventory to the content and condition
of the property on the first day of tenancy to ensure that there is no variation
since the inventory has been completed. Inventories records meter readings,
serial numbers etc. It is imperative that the check-in report is agreed and
signed by the landlord (or their representative) and tenant as it forms the
basis of the agreement between them.
What's
The Check-Out Report?
The check-out report is carried out on the last day of tenancy to record
the condition and contents of the property. Any differences when compared
with the check-in report are clearly highlighted. Similar to the Check-In.
A
Periodic Inspection?
A periodic inspections takes place during the tenancy to ensure that maintenance
and repairs are identified and addressed in good time. Regular inspections can
prove to make economic sense too as prevention is often less costly and disruptive
than cure.
Why
Use Photographs & Video Reports?
Our experience shows the best way to avoid misinterpretations and disagreements
is by combining the reports with photographs. Marks, scratches, stains and damage
are photographed and serve to complement the written description and so avoid
unpleasant disputes.
Can
Anyone Prepare The Inventory Report?
All inventories should be prepared by a trained inventory clerk. They are truly
independent and will thoroughly survey your property and note everything. If
you prepare an inventory yourself and the other party disagrees with the inventory
he/she may refuse to sign it. Remember, you need a signature on the inventory
to prove that it is valid. You may also miss something vital which leads to
a financial loss later on. Judges do not look favorably upon inventories prepared
by landlords because they see it as an amateur attempt to fulfil a duty.
Who
Pays For The Inventory?
A common arrangement is for the landlord to pay, but there is no hard and fast
rule. Always have an inventory made by an inventory clerk. Although it’s
another expense, it is some added insurance against losing money in the long
run!.
Landlords
& Tenants News Flash !!!
Government’s introduction of the Tenants Deposit Scheme (TDS) in April
2007, it is more crucial than ever to have a professional inventory taken
of any properties you let out or let to protect your deposit. Although the
TDS is intended to make matters easier and fairer for the landlord and tenant,
any resolution of disputes between the two parties over return of deposits
will have to be based on hard evidence – the sort of evidence that only
a professionally-completed inventory can supply. If you value your investments,
don’t take any chances call us .
Are
You A Registered Company?
Yes A.L.K Inventories Limited is a Registered Limited Company. simply by
following this link to http://wck2.companieshouse.gov.uk
and entering our Business
Reg No: 6225832 you will see we are a registered company
ALK-Inventories-Limited.com
Email: info@ALK-Inventories-Limited.com
Business
Reg No: 6225832
Contact Us Here at : Info@alk-inventories-limited.com