Summary
An agreed Schedule of Condition at the commencement of a commercial tenancy and attached to the lease is the most effective way of limiting future dilapidations liability, says Howard Garde of Dilapidations Direct.
Unfortunately, our experience suggests that most prospective tenants do not receive best advice before signing commercial leases and entering into onerous full repairing obligations. Most do so without understanding the likely dilapidations consequences at the end of the tenancy.See the full content of this document
Extract
Agreed Schedule Can Avoid Problems Later
Lease wording varies significantly and exact wording is of critical importance. A lease is a binding contract ...
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