Get the free Inventory and Condition of Leased Premises

This form is designed to catalogue furniture, furnishings, fixtures, appliances, and personal property in leased premises. It helps document the condition of these items at the beginning and end of

How to fill out inventory and condition of

How to fill out Inventory and Condition of Leased Premises

1. Begin with the property address and tenant details at the top of the document.
2. List each room or area of the leased premises separately.
3. In each section, describe the condition of various items (walls, flooring, fixtures, etc.).
4. Use clear and concise language to note any wear and tear, damages, or unusual conditions.
5. Include photographs if possible, labeling them for reference.
6. Ensure that both landlord and tenant review, discuss, and sign the document for mutual agreement.
7. Keep a copy for both parties for future reference.

Who needs Inventory and Condition of Leased Premises?

1. Landlords require it to document the condition of the property before a tenant moves in.
2. Tenants need it to protect themselves from potential disputes regarding damages when moving out.
3. Real estate agents may use it to verify property conditions when managing leases.

This Inventory and Condition of Leased Premises for PRE Lease and Post Lease is an inventory signed by a Tenant of rental property that attests the condition of leased premises release and post-lease. It includes lists of all furniture, furnishings, fixtures, appliances and personal property upon/in the leased premises. An assessment of the condition of each item is written by Landlord and the Tenant may agree or disagree to that assessment.

People Also Ask about

What is inventory of the premises?

A inventory of fixtures is a mandatory document describing the condition of the property. It must be completed before the tenant occupies the property or within the first month of the lease.

What is the difference between occupancy and leased?

Occupancy rate is the proportion of units that are not vacant. Leased rate includes apartments that are occupied, but for which a lease has been signed and a move-in date is imminent.

Does premise mean property?

(2) In property contexts, the word “premises” refers to structures and land that make up a parcel of property.

What is the meaning of leasehold premises?

A leasehold property is a property that a lessee or tenant agrees to rent from a lessor for a predetermined period. It's like having a house for a set amount of time without owning the land. The leasehold premise eventually belongs to the property's original owner.

What is the inventory and condition form for rental property?

A furnished rental property inventory and condition form is a document that is used by both landlords and tenants by the landlord to record the condition of the rental property and then by the tenant to provide feedback and verify that the landlord accurately recorded the condition of the property.

What is the inventory and record of condition?

A landlord inventory and schedule of condition is a detailed record of all the fixtures and fittings within your rental property and the condition it is in at the beginning of a tenancy.

What does premise mean in rental?

A premises is a piece of land with specific boundaries, including all buildings and other permanent structures within those boundaries. Specific definitions of premises can vary, and may include condo units, apartments, or other real estate with no actual land.

What is the meaning of leased premises?

A leased premises refers to a space or property that is rented out under a lease agreement. The lease outlines the terms and conditions under which the tenant occupies the property and the landlord receives payment.

For pdfFiller’s FAQs

What is Inventory and Condition of Leased Premises?

Inventory and Condition of Leased Premises is a document that outlines the status and inventory of items, as well as the physical condition of leased property at the time of occupancy.

Who is required to file Inventory and Condition of Leased Premises?

Typically, the tenant is required to file the Inventory and Condition of Leased Premises, but landlords may also require this documentation to be completed.

How to fill out Inventory and Condition of Leased Premises?

To fill out the Inventory and Condition of Leased Premises, one needs to list all items present in the leased premises, note their condition, and document any existing damages or issues.

What is the purpose of Inventory and Condition of Leased Premises?

The purpose is to establish a record of the property’s condition at the start of the lease to prevent disputes over damages and to ensure accountability for both the tenant and landlord.

What information must be reported on Inventory and Condition of Leased Premises?

The report must include a detailed list of items, their condition, any pre-existing damages, and general observations about the overall condition of the premises.