What information must be included in a condition report if a security deposit is required?

In a condition report, the critical information that must be included when a security deposit is required is the condition of the premises upon tenant move-in. This report serves as a detailed account of the property's state at the time the tenant takes possession. Documenting the condition helps ensure that both the landlord and the tenant have a mutual understanding of the property's state to avoid disputes when the tenant moves out. It provides a baseline for what the property looked like before occupancy and is essential for determining any potential damages that may occur during the lease period.

While tenant credit scores, lease terms, and property outgoings are relevant in the context of leasing and tenancy management, they do not pertain specifically to the immediate physical condition of the property, which is the primary focus of a condition report related to a security deposit. This specificity helps protect both parties and outlines expectations regarding the property's upkeep.