What is a Schedule of Condition?
A schedule of condition is an assessment of a building’s condition which is used for future purposes to establish the previous condition of the property. This is usually included in a lease agreement to manage the tenant’s responsibilities to repair the condition of the property once the lease has commenced.
Tenants should be fully aware of their repair and maintenance obligations before they sign a commercial property lease. The schedule of condition documents the condition of a building or other property, normally for legal or contractual purposes. Without it, tenants could be liable for repairs to the tune of thousands of pounds.
Expert knowledge and practical advice
Operating in a network of offices across the nation, our team of over 60 building surveyors we can provide a wide range of consultancy services. We can provide a solution for your commercial property requirements.
What does a Schedule of Condition cover?
A schedule of condition will include assessment of the below:
- The overall condition of the property
- Structural defects and other defects such as damages to paintwork
- Materials used in the building
What are the benefits of having a Schedule of Condition?
There are several benefits of having a schedule of condition prepared by our RICS chartered quantity surveyors, including:
- Protection from avoidable financial costs
- Accurately assess your property’s condition
- Ensuring lease terms are upheld
Advice for Landlords: How can I prepare a Schedule of Condition?
Our RICS-qualified chartered surveyors can assist you by preparing a Schedule of Condition. We will send our team to survey your property before and after the lease term to help protect your arrangement with tenants against damage.
Advice for Tenants on Schedules of Condition
If you are a tenant, our surveyors can check your schedules of condition reports to ensure that you can avoid conflicts over damages which were not your responsibility.
Getting the right advice from a team of professionals and chartered surveyors will ensure all parties’ interests are secure and avoid potential dilapidations disputes when the lease comes to an end. If you are a tenant or a property owner and need advice in the area of dilapidations, our expert team of chartered surveyors are perfectly placed to assist. Contact our team of RICS chartered surveyors based across the country today for help with assessing your properties' condition.
RICS-qualified surveyors
Contact our team of commercial chartered surveyors today to arrange a Schedule of Condition for your property to ensure your building's lease terms are upheld and prevent avoidable costs.
Get in touch with the Eddisons team
Please contact us for more details and information