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Page 1

SECTION 1

SECTION 2

2.1

2.2

2.3

2.5

SECTION 3

3.1

3.2 3.3 3.4 3.5

lntroduction

6

What is this handbook about? Terminology definitions Who is this handbook for?

6 6

The requirements and provisions for professional inventories

I

Learning objectives

8

WHY IS AN INVENTORY NEEDED? Legislation WHAT IS THE INVENTORY PROCESS? Consistency of personnel The importance of timing

8 o

10 11

lnventory provider and landlord ln-house or external inventory providers

11

Requirements Safety THE EXTERNAL INVENTORY PROVIDER (EIP) Terms and Conditions

12

HEALTH 8 SAFEry ISSUES

15

Answers to self check questions

16

The lnventory and Schedule of Condition

17

Learning objectives

17

WHEN IS AN INVENTORY REOUIRED? New tenants Tenant swaps AT WHAT POINT SHOULD THE INVENTORY BE TAKEN? A PROPERry NOT READY FOR TENANTS

17

THE ROLE OF THE AGENT THE RECORDING OF AN INVENTORY

COMPILING THE INVENTORY

lnitial preparation

11

13 13

14

17 17

18 18 19

20 20 21 21 21

22 23

Formatting and specific detail Phraseology and vocabulary The outside

23 23 26 26

nstruction books/ma n uals

26

FULLY FITTED ROOMS

2l

Kitchens Appliances Bathrooms Central heating boilers and hot water tanks

27 27 29 29

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3.7

I 10

THE INVENTORY PROVIDER

Voice recognition technology Photography Use of abbreviations The document The disclaimer 3.6

7

A Guideto Best Practicefor lnventory Providers OARLAAsset Skills NAEA RICS 2007 updated 2011


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