Preparation of the Schedule of Condition
The Schedule of Condition is prepared by carrying out a full inspection of a property. The findings are then set out by verbally describing each part of the property. It incorporates extensive photographs (or video footage) as supporting evidence.
Cost of Preparing a Schedule of Condition
The cost of preparing a Schedule of Condition is dependent on the type, size and complexity of any building. However, the cost of the Schedule of Condition is usually a small fraction of the likely savings that will be achieved in dilapidations liability or costs of the dispute between the parties, if a Schedule of Condition is not put in place.
Schedule of Condition
Incorporating a Schedule of Condition within a lease can be in the best interests of both a Landlord or Tenant.
We have extensive experience working with both Landlords, Tenants and their respective Solicitors, in agreeing on a Schedule, for incorporation into the lease.