Why have an inventory done? Here are some of the many reasons.
FOR THE PROPERTY OWNER:
* Peace of mind.
* A great record toward recovery after catastrophe or robbery.
* A great record in the event of a move, before and/or after.
* A great record for estate planning purposes.
FOR THE PROPERTY MANAGER AND/OR REALTOR:
* A great record against damages or theft of vacation rental property.
* A great record to offer clients in the sale of turnkey properties.
* A great thank you gift for listing.
FOR THE INSURANCE PROVIDER:
* A great record to make clients aware of against insufficient coverage.
* A great educational and customer service tool.
FOR THE I.R.S.:
* A great record of charitable donations
* A great record of loss for tax claims in the event of lack of coverage.
FOR THE ACCOUNTANT:
* A great record for asset assessment or appraisal preparedness.
FOR THE FAMILY ATTONEY:
* A great petitioner and respondent divorce record.
* A great prenuptial agreement record.
Here is the bottom line, if you ever have a loss whether it emanates from
fire, to theft you had better be able to provide verified documented proof
of what was destroyed, burned or stolen or your claim may be denied,
delayed or greatly reduced.