It is not compulsory but the absence of one could prove very tricky for you if your tenant raises any disputes with you at the end of the tenancy as it pertains to returning their deposit. Consider the inventory check your personal insurance document. It can be used in the event that you need to make a claim for deductions against a deposit. It’s also useful for landlords to know what is in their property, it’s value, and it’s condition. This is especially important in the case of ensuring all fixtures, and fittings and legally required alarms are working.
