Schedule of Dilapidations
Commerical servicesAll commercial leases contain covenants that require tenants to repair and decorate buildings and maintain the land they occupy, in addition to complying with the relevant statutory requirements. Any alterations or additions to the building may have to be removed, if required by the landlord.
We offer expert dilapidations advice at every stage of a lease term to both landlords and tenants. Specifically:
- Preparing terminal schedules of dilapidations
- Preparing interim schedules of dilapidations during lease terms
- Negotiating financial settlements for landlords and tenants on termination of a lease
- Monitoring lease expiry works for tenants
- Tendering, project managing repair and reinstatement works for tenants prior to lease end, or for landlords after expiry of the lease
- Preparing dilapidations assessment reports prior to new leases being granted or during the term of the lease
- Providing schedules of condition at lease commencementv
- Dilapidations experience across all commercial asset classes
- S18(1) valuations
- Advising on VAT for dilapidations
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