A Schedule protects Landlords and Tenants by clearly recording and agreeing on the state of repair of a property at a given point in time.
Commissioning a professionally prepared Schedule of Condition before signing a lease agreement on a commercial property mitigates a tenant’s future dilapidations liability.
In addition, a detailed Schedule will ensure those tenants taking on a new lease don’t inherit disrepair caused by the previous tenant.
We often prepare Schedules in conjunction with Pre-Lease surveys or Pre-Acquisition surveys.
