What is a Property Inventory and Condition Report?
An inventory report is a document which lists the contents (And the condition of the contents) of the property. This includes everything: the furniture, fixtures and fittings, doors, walls, ceilings, lights, flooring and so on.
It is usually carried out at the start of a tenancy and details the state of the items and property at that time. When signed by the landlord and tenant it becomes a legally binding document and an integral part of the rental agreement.