Schedule of Condition
The incorporation of a Schedule of Condition within a lease can be in the best interests of both a Landlord or Tenant.
Neil Moran MRICS has extensive experience working with both Landlords, Tenants and their respective Solicitors, in agreeing on a Schedule, for incorporation into the lease.
The Schedule of Condition is prepared by carrying out a full inspection of a property. The findings are then set out by verbally describing each part of the property. It incorporates extensive photographs (or video footage) as supporting evidence.
The cost of preparing a Schedule of Condition is dependent on the type, size and complexity of any building. However, the cost of the Schedule of Condition is usually a small fraction of the likely savings that will be achieved in dilapidations liability or costs of the dispute between the parties, if a Schedule of Condition is not put in place.
We look forward to hearing from you, so we can determine how best we would be able to assist you.
Whether you’re a landlord or tenant, a Schedule of Conditions can be massively beneficial. So, if you’re entering into a lease and need a condition survey, please don’t hesitate to get in touch. A member of our our Schedule of Condition team will be happy to help.