Schedule of Condition Surveys
When a tenant takes a commercial lease it is good practice to record the condition of the property by way of a schedule of condition. This document should be appended to the lease.
Leases generally require a tenant to yield up the property in an equal condition to which it was taken and a schedule generally protects the tenant against significant dilapidations. It is strongly recommended that both a schedule of condition and Building Survey are undertaken before commercial leases are signed.
Schedules are also required in party wall matters and in connection with alteration works to prove condition prior to works so any damage as a result of works can be easily established.
Resolution provide detailed schedules of condition and can offer guidance throughout the whole lease process.