Dilapidations & Schedules of Condition
Those are commonly used for Commercial properties as schedules of Condition at the commencement of a lease or a schedule of Dilapidations at the end of a lease.
For a tenant when moving into new premises on a commercial lease it might seem an odd time at which to get ready to leave – but there could hardly be a better one. What many tenants fail to realise is that when they move out the landlord will expect the building to be in the same state it was in on the day they arrived. As a tenant, they can be obliged to do the work, but failure to agree the details of what is actually necessary can result in lengthy and costly disputes. The way to avoid these issues is to draw up and agree a schedule of the condition of the premises – effectively a benchmarking of a building’s condition – at the start of the tenancy.
A dilapidation report is used by the landlord to assess any repairs required to reinstate the condition of the premises as the tenancy draws to a close. This is prepared on the basis of the repairing conditions clause contained in the lease. This allows any repair obligations to be resolved quickly and the landlord is then able to move on with re-letting the premises.
These reports tend to be very client or property specific so please contact us, probably best by phone, to discuss your property and your requirements.