It is vital that you understand your liabilities before signing your lease. Under a full repairing and insuring lease, the tenant is liable for all external and internal repairs required to keep or put the premises in good condition. Effectively, you may be required to leave the premises in a better condition than they were in when you took them on.
A Schedule of Condition identifies existing and potential defects and the repair costs. It can be used to negotiate the repair of existing defects with your landlord and limit your liabilities to future deterioration only.
Providing you maintain the property in accordance with the terms of your lease, a Schedule of Condition will pay for itself when you vacate the premises.
Instruct Nock Deighton Professional Services to carry out a Schedule of Condition and we will undertake:-
- A full appraisal of all relevant documentation including the lease
- A site inspection to include photographic evidence
- Preparation of a thorough Schedule of Condition
- Negotiation, where appropriate, with the landlord to limit future liabilities
At the end of your lease, you will require a Schedule of Dilapidation to counter any claims made by your landlord.