Inform are instructed by a long-standing institutional client to agree on a full Schedule of Condition for 20,000m² industrial unit near Kettering.
This document, a factual ‘snapshot’ in time, will be used to protect the interests of the Landlord and Tenant in respect of potential dilapidations claims when the Lease expires in the next few months.
Inform director Steven Taylor explains “The Schedule of Condition should be carried out by a professional, preferably an RICS Building Surveyor, and this should detail the condition all of elements or defects that exist with associated photographs, texts and/or videos.
“To afford the best protection for our clients, we prepare a clearly written and detailed report, appending high-quality images and video. Importantly, each report is sent securely to our clients, backed up online and retained locally on file.
This belt and braces approach is important as a poorly written or detailed schedule, supported by degraded or low-resolution imagery is likely to have serious implications when the Lease expires in respect of dilapidations. ”
Well-versed in producing individual, high-quality reports, the team at Inform take advantage of the latest technology – often to very tight deadlines.
If you would like to learn more about Schedules of Condition or have a particular issue you’d like to discuss, please get in touch.