DETAILED REPORTS SETTING OUT ALL RELEVANT PROPERTY CONDITION MATTERS
Schedule of Condition/Dilapidation
The only commercial work that we do, apart from Lease and Title Plans, is the preparation of Schedules of Condition & Dilapidations for small to medium scale commercial property.
Ingoing Tenants should have a Schedule of Condition prepared before signing the Lease to provide a written and photographic record of property condition at point of entry as all commercial Leases impose a responsibility upon the Tenant to repair and maintain. Three Report copies are prepared for the Client (the Tenant), Landlord and Client’s Solicitor.
The Schedule of Condition is a very important document for future use when the tenancy comes to an end, which is when the Landlord will require the premises to be retuned to them in a “fit state”. It is now invariably the situation that the outgoing Tenant has served upon them a Schedule of Breaches of Covenant & Wants of Disrepair.
The Lease will also impose a requirement on the outgoing Tenant to pay the Landlord’s Surveyors and Solicitors costs. On that basis, it can reasonably be assumed that the Landlord isn’t really going to care how his costs build up because they are the Tenant’s responsibility!
A Schedule of Breaches of Covenant & Wants of Disrepair is prepared on behalf of Landlords to establish condition of property vacated or to be vacated by an outgoing Tenant and providing a very detailed and definitive description of each element of the premises that were held under tenancy.
The Schedule lists all matters of disrepair or failure to comply with the tenants Lease imposed repairing obligations and provides full details of the extent of remedial work necessary and cost to deal with all points raised.
Tenants - You need to think ahead because repair costs will be a liability when the Lease ends.
Landlords – The Tenant pays and you will either have the premises repaired and upgraded or receive a financial settlement to pay for repairs and other work necessary to prepare the property for re-letting.