What is an Inventory Report?

An inventory report is a detailed assessment of the condition of a property before a tenant moves in (move-in inventory) or after they have moved out (move-out inventory). This document is essential for protecting the rights of both landlords and tenants in case of a dispute regarding the condition of the property at the end of the lease.

The Role of the Real Estate Expert: Objectivity and Precision

A real estate expert is a qualified professional whose mission is to objectively and accurately assess the condition of a property. Here are the main functions they perform:

1. Detailed Evaluation: The expert conducts a thorough inspection of every aspect of the property—walls, floors, ceilings, sanitary installations, equipment—to note any wear or damage.

2. Complete Documentation: They take photographs and write detailed reports for each inspected area. This documentation serves as a reference in case of disputes.

3. Compliance with Standards: The expert ensures that the condition of the property complies with local regulations and the terms of the lease agreement.

Impartiality of the Real Estate Expert

Impartiality is a fundamental element of a real estate expert’s work. In the context of an inventory report, the expert must act neutrally to ensure a fair assessment. However, it is possible that the expert may be engaged by only one party (landlord or tenant) to act as an opposing expert.

1. Neutral Expert: When an expert is appointed to conduct an inventory report for both parties, they must ensure an impartial evaluation, without favoring either side. They are responsible for providing a balanced assessment based solely on the observations made during the inspection.

2. Opposing Expert: In some cases, one party may appoint an expert to contest an inventory report prepared by another expert. This opposing expert, although tasked with a specific mission, must also adhere to principles of objectivity and professional rigor. Their role is to assess whether the initial report is accurate, providing an independent perspective.

Why Consult an Expert?

Consulting a real estate expert offers several advantages :

• Precision: Ensures an accurate and detailed assessment of the property's condition.

• Legal Protection: Protects the rights of both parties in case of a dispute.

• Conflict Reduction: A well-executed inventory report reduces the risk of conflict between tenant and landlord.

In Conclusion

The real estate expert plays a crucial role in managing inventory reports in Belgium. Whether it is to provide an impartial report for both parties or to act as an opposing expert, their mission is to ensure an accurate and fair assessment of the property's condition. By choosing a qualified expert, you ensure that the inventory report is conducted professionally, protecting your interests and facilitating a smooth transition between tenants.