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Make a detailed list of all the belongings and furniture provided when a tenant moves in. Record the condition of these items, as well as things such as walls, doors, windows and carpets. The more detailed the inventory, the better.
Inventory represents the active supply of properties on the market. Any time a seller lists a property, it is considered to be part of inventory. The How: The inventory number is calculated by simply taking a count of the properties marked as active on the last day of the month.
Start by making a list of your possessions, describing each item and noting where you bought it and its make and model. Clip to your list any sales receipts, purchase contracts, and appraisals. Photos and videos offer easy ways to document your stuff. Most insurers offer free home inventory apps.
TVs, cameras and personal computers should be included, as well as clothing, DVDs, furniture and items inside china cabinets and storage bins. When you record, verbally state when each item was purchased, its value, any special features and the model and serial number.
Include the basic information ? In general, describe each item you record, and note where you bought it, the make and model, what you paid and any other detail that might help in the event you need to make a claim.