What’s a Schedule-of-Condition? Everything you need to know
If you’re new to being a landlord and starting to navigate the often complex vernacular surrounding this business, you might find some industry-related terms confusing.
Schedule-of-Condition is one such term that often raises questions. It is used as an alternative term to a property inventory. Both are equivalent but perhaps the term Schedule-of-Condition might imply a bigger canvas, that perhaps it contains something more than another report but it does not. It is the same as an inventory.
In this article, dropping as its namesake, inventory, we’ll take a closer look at the term. What is a Schedule-of-condition, what does it record, and why do you need it?
What is a Schedule of Condition?
In the simplest terms, a schedule of condition is a condition report of a residential or commercial property at a particular date. This may be necessary for legal or contractual reasons; it may be referenced in the tenancy agreement. The schedule of condition is often, but not always, prepared by an independent agent at the request of a landlord or letting agent.
The Schedule-of-condition concerns itself with the entire property. It provides evidence of the condition of contents, internals and externals.
In most tenancy agreements, the tenant is responsible for the internal, fixtures/fittings, gardens and outbuildings. The landlord is responsible for the fabric of the building, including drains, guttering, soffits etc. This is important because, even though you may not be responsible for the fabric, it’s required to record its state at the outset so maintenance due by the landlord is effected properly as the tenancy progresses.
What does a Schedule-of-Condition contain?
The schedule should contain or all of the following:
- Identification of the property, location, address
- Date and time of report. All images should be time-stamped
- A mention of the overall age and condition of the property and contents
- Detailed room-by-room description and photos of all rooms, annexes and outbuildings
- Each room should be described section-by-section
- Contents of each room: fixed and movable with any existing damage
- Description and condition of all white goods
- Location and readings of all meters: gas, electricity, heat, oil as applicable
- Location and confirmed testing report of all alarms: fire, heat, carbon monoxide
- Location of emergency items such as mains stopcock
- Location of or images of Gas Safe, Portable Appliances Testing certificates
Why do I need a Schedule-of-Condition?
A Schedule-of-Condition is vital in ensuring that responsibility can correctly be attributed if defects are found in the property at the end of the tenancy. For example, it may be the difference between returning a security deposit to tenants or keeping it to cover repairs. It can also give you a clear idea of the state of their property and which repairs might need to be carried out before starting a new tenancy.
Schedules-of-Condition can be detailed, complex and tedious. You can streamline the process and record your observations in a more organised fashion with free inventory software. Our app allows you to quickly compare the state of your property to an earlier condition. In addition, it helps you list all descriptions and photo evidence in one place.
Check out Reports2Go and sign up for free today!
Dan, 08 July 2022
- Tenants: What to expect when your Tenancy ends
- Using Dictation Software for your Tenancy Reports
- Tenant Deposits: The Low Down
- Do Tenants have to be present for a Check-Out report when they move out?
- What’s a Schedule-of-Condition? Everything you need to know
- Career Spotlight: Be a Property Inventory Clerk
- What tenants can expect from a Mid-Tenancy Report
- What are Periodic Inspections and what do they entail?
- Landlords - What to Do at the End of Tenancy
- What is a Check-In report?
- How inventory clerk software can help your business
- Property Inventory App? What can I expect for my money?
- The advantages of using Voice Technology for Property Reports
- What goes into a Condition Report?
- Things to consider when compiling a Property Inventory
- Do I Need a Property Inventory?
- The Importance of Check-In and Check-Out Reports
- Our App makes creating a Schedule of Condition so much faster and more Accurate
- Our Dictation Software makes creating Inventory Reports so much faster
- Why you need to carry out Interim Inspections of your BTL
- Creating an Inventory is a critical task for a Managing Agent
- An Inventory Guide for Tenants
- Some tips for Landlords carrying out Property Inspections
- Creating an Inventory is one of the most Important Tasks for a Managing Agent
- What should you check for when Inspecting your Rental Property?
- How to Hire an Inventory Clerk
- Is an Inventory Report needed for Unfurnished Properties?
- The Reasons why you should carry out a Mid-Tenancy Inspection
- The Perfect Inventory App for Landlords
- Check-In and Check-Out reports: What you need to know as a Tenant
- Carrying out Mid-Tenancy checks: What you Need to Know
- You’re not still living in the 20th Century, are you?
- What to check for when doing an Inventory Report
- Use Speech Recognition tools to reduce time doing Reports
- Our Dictation App saves you a Huge Amount of Time
- Mid-Tenancy Reports are Critical when Letting a Property
- There may be Errors in the Inventory Report
- Reports2Go: the 21st Century way of creating Property Reports
- How to do a Condition Report for your BTL
- The work of an Inventory Clerk can be exceedingly varied
- What should you check for when inspecting your Lettings Property?
- Some things you need to know about Mid-term inspections as a Landlord
- The Reports2Go App makes Property Reports simple
- Why you should carry out Interim Inspections as a Landlord
- Why Check-In and Check-Out Reports are important for Tenants
- Some things to consider if you are thinking of buying a BTL
- The clever way for Letting Agents to create Property Reports
- Our FREE app makes Inventory Reports so much easier
- What to do if your Tenant has Damaged your Property?
- Inventory Reports and Check-Ins – are both really necessary?
- Who should pay for Property Cleaning - Tenants or Landlords?
- Is a Check-in Report Really Necessary?
- New plans and improved resolution for images
- Overheads of being a Landlord
- It is Critical that Inventory Reports are Accurate
- Mid-term Inspections of your BTL are Essential
- Minimising risks with proper tenant checks
- Making a Claim on a Tenant’s Deposit: What you need to consider
- The Importance of an Inventory for Tenants
- Things to note when conducting Check-In/Check-Out reports
- Our App saves a huge amount of time carrying out Inventories
- 5 Handy Screening Topics for New Tenants
- Busting Property Management Myths
- Six Money-Saving Tips for Landlords
- Rules for Tenants and Pets in 2021 - What are the Changes?
- As a Landlord you need to carry out Interim inspections
- Giving your Feedback on an Inventory as a Tenant
- Inventories made easy with Reports2Go
- New to Letting? What you should know about Property Reports
- Three Pillars of Good Property Management
- How can PropTech reduce your Property Inventory burden?
- Choosing the right Rental Management Strategy
- Some Tips for Promoting your Letting Agency Business
- The Importance of an Inventory to you as a Tenant
- Some Ideas to Consider in Order to Reduce your Overheads
- Legislation Concerning Landlords and Tenants is Constantly Changing
- What’s your Property Management approach?
- How to maintain a Positive Relationship with your Tenant
- How important is a Condition Report?
- Tools for New Landlords and Property Managers
- The Check-in Process in the Reports Cycle
- Doing an Inventory: Part 5 - Enhancing the Report
- Doing an Inventory: Part 4 - Finishing Up
- Doing an Inventory: Part 3 - Describing Items
- Doing an Inventory: Part 2 - At the Property
- How to do an Inventory: Part 1 - Preparation
- All you need to know about Property Reports as a Tenant
- Use the FREE Reports2Go App to Speed-up Inventories
- Using on-board Dictation Software for Reports
- A guide to Inventory, Check-In, and Check-Out reports
- Reasons for Landlords to carry out Mid-term Inspections
- How to Carry out an Inventory Quickly, Accurately, and Easily
- What does an Inventory Clerk do, and should I hire one?
- Inventory – A Guide for Tenants
- Things to keep in mind when conducting a Check-in Report
- Free Schedule of Condition - Why You Need it
- End-of-Tenancy clean? All you need to know
- Reports During Covid - 19 Restrictions
- Mid-term inspections as a Landlord
- How to avoid Deposit Angst with the Reports2Go app
- The Importance of the Reports2Go App for Inventories
- All about the Reports2Go App
- The Importance of an Inventory for a Tenant
- Dictation makes for a much faster and more Accurate Inventory
- How the Reports2Go app works
- Free Property App
- Completely Free App
- Tenant Fees Act and Inventories
- When you have a lot of Inventories, Reports2Go will save you time
- Periodic Inspections and why they are good idea
- Inventory meets the 21st century with Reports2Go
- Our App saves you a lot of time on Mid-Term inspections
- What is an inventory and why have one?
- Text Mode
- Audio Mode
- Our Inventory App
- Inventory Associations
- The life cycle of a Report