Inventories and Dilapidations
Inventory and Schedules of Dilapidations
This is a vital document that established the premises condition prior to occupation.
The vast majority of commercial leases require the tenant to agree to what is termed a "full repairing lease". In other words, the tenant is responsible, and liable for maintaining the Landlords building to the same condition it is in at the start of the tenancy.
Usually undertaken for the Agreement between the Landlord and the incoming tenant, and generally completed prior to the start of a new tenancy. This is usually commissioned, and paid for by the tenant.
This document, including photographs of all areas, and close-up pictures of any damage or dilapidations details the overall condition of the premises.
We also list all electrical fittings, whether light bulbs and tubes are working, evaluate the efficient operation of lifts, noted service dates etc. In fact, anything that is either fitted to the fabric of the building, and any Landlord improvements such as partition offices, drop ceilings, kitchen areas, even furniture if provided.
Once agreed, and signed by both paries the Inventory and Schedule of Dilapidations becomes the de facto document against which all damage, neglect and dilapidations are assessed against throughout, and at the end of the tenancy.
Please ask us about this important and vital service.