If you’re a commercial landlord or tenant, the term “schedule of dilapidation” is one you need to understand. It’s a key document that can protect your property interests and help avoid disputes at the end of a lease.
As experienced Chartered Building Surveyors, we regularly prepare and respond to schedules of dilapidation across Cornwall. Here’s what you need to know.
What Is a Schedule of Dilapidation?
It’s a formal document prepared by a surveyor on behalf of the landlord, detailing repairs or reinstatement work required at the end of a lease. These are typically based on the tenant’s lease obligations.
There are three main types:
- Interim – issued during the lease term.
- Terminal – issued as the lease is ending.
- Final – issued after the lease has ended.
Why Is It Important?
For landlords:
- Ensures your property is returned in the agreed condition relating to the tenant’s lease obligations.
- Helps recover repair costs from the tenant (if appropriate).
For tenants:
- Provides a clear breakdown of obligations.
- Offers the opportunity to complete work before the lease ends and potentially save money.
Common Dilapidation Issues
- Poor/lack of maintenance.
- Alterations that haven’t been reinstated.
- Decoration and cleanliness obligations not met.
- Damage to the structure or fittings.
- Lack of regular testing/servicing of services.
How a Chartered Surveyor Helps
We act for both landlords and tenants, providing:
- Accurate, fair, and detailed schedules.
- Negotiation support to help resolve disputes.
- Dilapidations assessments before or during a lease.
Do you need help with a schedule of dilapidation in Cornwall? Contact our team for expert, impartial advice.
