Why is an inventory of the contents of newly rented premises, and of their condition, room-by¬room, important? Who should prepare it? What should be done with it?


A careful inventory before moving in is the only way to clearly establish the condition of the premises, and therefore the best way to permit comparison with the condition when the lease ends. Good-quality color snapshots of the rooms help, especially when the apartment is furnished.
Inventory is taken for the mutual benefit of the tenant and landlord, and should be prepared as suggested in the text. When used on the day of move-out, it clearly fixes the amount of security deposit to be withheld, if any.

Business

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