In Exeter, our professional Exeter Commercial Building Surveyors complete Schedules of Dilapidations.
A schedule of dilapidations is a type of report that is issued on to a tenant by a landlord typically towards the end of, or following lease expiry, although can sometimes be issued during a lease term. The purpose of a schedule of dilapidations is to document the tenant’s lease obligations and those that have been breached at the time of lease expiry. The schedule of dilapidations will normally include budget costs for remediating the breaches.
A schedule of dilapidations is imperative to starting the dilapidations process and enables all parties to understand the condition of the building and the breaches that have occurred. The schedule of dilapidations quantifies the dilapidations liability and commences the negotiation process. The items included within a schedule of dilapidations can be used to assist with negotiating a new lease or assessing the liability when leaving a lease.
Throughout Exeter, our reliable Exeter 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.
