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SCHEDULE OF CONDITION
Schedules of Condition incorporated into a lease protect Tenants against repairing liabilities for building defects. This involves a detailed inspection, the production of comprehensive schedules and photographs and where applicable agreeing the contents with other parties.
In order to provide a fixed fee quotation the following information is helpful.
• Type of property i.e. factory/shop
• Construction type i.e. metal clad/brick with pitched roof
• Floor area (usually available from Agents particulars)
• Approximate age of property
• Any unusual features
• Details of Lease/repairing covenants
Typical repairing covenants in F.R.I. Leases are onerous and place a responsibility on the Tenant to 'put and keep' the premises in repair. A Schedule of Condition records the state of repair at Lease commencement and is usually incorporated into the Lease with the Tenant's repairing obligations qualified by reference to the Schedule.
Schedules of Condition may also be required prior to certain building works commencing and are used as a reference point in the event of damage or a claim of damage arises.
To discuss your needs or the services that can be provided, please contact Kevin Stubbs on 01604 696537. |
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Gallowgate House. Bedford Road West, Yardley Hastings, Northampton NN7 1HB ..Tel: 01604 696 537.. Fax: 01604 696 126 ..Emaill: surveying@kstubbs.co.uk
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Regulated by RICS ...K Stubbs Associates is the trading name of K Stubbs Associates Ltd. ...
Registered in England and Wales ...Company Number: 5066281 ...VAT Registration Number: 581 0897 19 ...Registered Office: As above.
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