A Schedule of Condition is a detailed report about a building's structure, materials, and overall state of repair at a set point in time. These accurate records provide essential reference points when reviewing any subsequent changes.
A Schedule of Condition is typically included in a lease to minimise any later disputes about the property's condition when the tenancy started.
Schedule of Condition - key points
Usually towards the end of a commercial lease, a Schedule of Dilapidation is created on the landlord's behalf. This schedule details the current condition of the property and includes a list of items to be repaired by the tenant under the terms of the lease. It often includes an estimate of the costs of such remedial works.
A Schedule of Dilapidation may also be conducted during a tenancy to assess how well a property is being maintained and to issue repair notices if required.
Schedule of Dilapidation - key points
In cases where the lessee disputes the Schedule of Dilapidation or the cost guides, our dilapidations surveyors can conduct negotiations to arrive at an agreed resolution.
If you've received a Schedule of Dilapidation from your landlord and would like us to represent you in negotiations, you are welcome to contact us. We can provide you with expert advice based on our knowledge and depth of experience in this sector.
To discuss your requirements, get in touch.