What is Dilapidations? How does this affect my business?

'Dilapidations' refers to breaches of lease covenants that relate to the condition of a property during the term of the tenancy or when the lease ends.

To reduce a tenants liability for repairs, a Schedule of Condition can be Incorporated into the lease. We prepare these Schedules for tenants and check them on behalf of landlords.

At the end of a lease, the landlord might require the tenant to put a property back into repair in accordance with the lease terms. The process starts with the serving of a Schedule of Dilapidations. We prepare Dilapidations schedules for landlords. We also advise tenants on their strict liability for those repairs outlined in the Schedule. The tenant might no be liable for all the repairs set out in the Schedule. There is also a limit to liability.

If you are an existing landlord or tenant, or you are considering signing a lease for your business premises, please get in touch for a free no obligation discussion. 

Tel: 01482 667863  Mob: 07565675508