Agreeing state of repair at start of lease
Tenants can often agree to enter into leases on properties where they unwittingly inherit many years’ worth of disrepair and alterations carried out by former occupiers.
Why should you, as a new occupier, be liable for repairing and reinstating the property to any better condition than when you acquired it at lease commencement?
We understand the need to carefully word a schedule of condition to reduce the opportunity for a landlord to make a claim at lease expiry to remedy disrepair that pre-dated a tenant’s period of occupation.
As well as providing detailed schedules of condition, tailored to suit the specific circumstances, we can also provide advice to ensure the wording in the lease reflects the nature of the property and intentions of both parties.
RETURN TO Asset Management