Case Study – Schedule of Condition
Our Approach
Schedule of Condition
It is easy to forget that a Lease is a legally binding Contractual Agreement between 2 or more parties.
Understanding your liability under the terms of the lease is imperative in protecting your position and minimising your exposure to financial risk.
Our RICS Chartered Surveyors have extensive experience in assisting both landlords and Tenants with such matters prior to entering into a Lease Agreement.
We are able to assess the Lease documents to ascertain contractual obligations and provide a comprehensive Schedule of Condition to protect your position.
Get in touch to see how our RICS Chartered Surveyors and Experts can help you
How We Helped the Client
Our RICS Chartered Surveyors conduct thorough property inspections, reviewing both the physical condition of the premises and the lease documentation itself. This dual approach allows us to:
- Identify potential maintenance liabilities.
- Clarify the repairing obligations set out in the lease.
- Negotiate more favourable lease terms if necessary.
- Provide a detailed and defensible Schedule of Condition.
Our reports are clear, comprehensive, and fully compliant with industry standards. By commissioning a Schedule of Condition before signing a lease, our clients can make informed decisions and avoid costly surprises later down the line.
Why It Matters
For tenants, a Schedule of Condition is a protective shield against inflated repair bills. For landlords, it provides clarity and avoids future disputes. For both parties, it establishes trust and transparency, the foundations of any successful commercial tenancy.
If you’re about to enter into a lease or are in discussions about leasing a commercial property, don’t leave anything to chance. Contact us today to find out how our experienced RICS Chartered Surveyors can help you understand your obligations and safeguard your position with a professionally prepared Schedule of Condition.
