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Real Estate vocabulary · Property Management

Inventory

Meaning in real estate, with examples

/ˈɪnvəntɔːri/nounCommon term

In real estate, inventory means: A detailed list, often with photos, of a rented property's contents and their condition, checked when the tenant moves in and again when they leave.

In Turkish: demirbaş listesi, teslim tutanağı, envanter

How it is used

British lettings use the terms inventory, check-in report and check-out report, and a clear inventory helps settle deposit disputes. In US real estate, inventory also means the number of homes for sale in a market.

Example sentences

  1. Please check the inventory and note any damage within seven days of moving in.

  2. Housing inventory in the city is at its lowest level in years.

Common collocations

  • inventory check
  • check-in inventory
  • inventory report
  • low housing inventory
  • security depositMoney a tenant pays at the start of a lease, held to cover unpaid rent or damage and returned at the end if everything is in order.
  • wear and tearThe normal damage that happens to a property and its contents over time through everyday use, such as worn carpets or faded paint.
  • furnishedRented or sold with furniture already inside, such as beds, sofas and tables, and often kitchen appliances too.
  • tenantA person or business that pays rent to live in or use a property owned by someone else, usually under a lease.

This word in other fields

The same English word can have a different meaning in another field:

More terms: Property Management

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