In Swindon, our experienced Swindon Commercial Building Surveyors undertake Schedules of Dilapidations.
A schedule of dilapidations is produced on behalf of a landlord in order to set out the breaches that have occurred in reference to a tenant’s lease obligations in regard to repair, decoration and reinstatement obligations. A schedule of dilapidations is typically produced for a landlord within the year prior to a tenant’s lease expiry as assists with understanding the level of disrepair to a building, and the associated financial liability. The schedule of dilapidations will set out the relevant/associated lease obligations and a summary of the breaches and associated cost.
The production of a schedule of dilapidations enables the dilapidations process to commence. The schedule of dilapidations will be served on to the tenant and then used as a basis to negotiate the scope of works to be undertaken and the associated costs. There are various ways in which a schedule of dilapidations can be resolved, this may be through the tenant undertaking the works prior to lease expiry, or the landlord completing the works post lease expiry and recover the costs from the tenant via a financial settlement. The schedule of dilapidations can be resolved with purely a financial settlement although the landlord’s loss will need to be demonstrated.
Throughout Swindon, our experienced Swindon Commercial Building Surveyors carry out a range of professional Commercial Building Surveying Services including Schedules of Dilapidations. Get in touch with our expert team today.
