The Nassau New York Inventory and Condition of Leased Premises is a comprehensive document utilized in the leasing process of commercial or residential properties. This report serves as a record of the premises' condition and all items included within the leased space. It is typically generated twice during the leasing process: once before the lease is signed (release) and again after the lease agreement ends (post-lease). A release inventory and condition report is prepared before the tenant moves into the premises. This document ensures that both the landlord and tenant have a clear understanding of the property's condition and what items are present, minimizing disputes over damages at the end of the lease. The pre-lease inventory includes an itemized list of fixtures, furniture, appliances, and any other items provided with the leased space. Detailed descriptions and conditions are recorded, noting any existing damage, wear and tear, or maintenance issues. This report is crucial for establishing a baseline condition and protecting the interests of both parties. On the other hand, the post-lease inventory and condition report are created at the end of the lease term. This report allows the landlord and tenant to assess any changes in the premises' condition, identifying damages that may have occurred during the lease period. The post-lease inventory is compared to the pre-lease report to determine if any additional damages beyond normal wear and tear have occurred. This report serves as a basis for calculating the cost of repairs or deductions from the security deposit before it is returned to the tenant. Keywords: Nassau New York, inventory and condition report, leased premises, release, post-lease, commercial property, residential property, premises condition, items included, dispute resolution, damages, fixtures, furniture, appliances, wear and tear, maintenance issues, baseline condition, lease term, security deposit, repairs.
Para su conveniencia, debajo del texto en espaƱol le brindamos la versiĆ³n completa de este formulario en inglĆ©s. For your convenience, the complete English version of this form is attached below the Spanish version.