Dilapidation

Dilapidations in Maidenhead

Tenants enter commercial leases agreeing to keep premises in repair. If they do not, landlords have the ability to serve a Schedule of Dilapidations on a tenant either during, or more commonly, at the end of the lease.

A Schedule of Dilapidations itemises the breaches of covenant, and sets out the remedial works required to satisfy those breaches. A tenant generally has an ability to undertake works during the term of their lease or pay over financial compensation in lieu of work if the lease term has ended.

All landlords and tenants of commercial properties will have to deal with the issue of dilapidations at some point in their lease contract. This is a complex area of property litigation that requires detailed and expert advice.

We act for both landlord and tenant clients, negotiating successful and safe paths through to seek the best outcome including advice on repair notices, conditional break clauses, lease-end strategies and determination of disputes.

Tenants' Services

As a tenant, it is vital to seek comprehensive advice to minimise your exposure to dilapidations.

The services we offer to assist tenants include:

Strategic advice
Preparation of schedules of dilapidations – interim, end of lease and repair notices
Negotiate settlements
Break clause advice
Monitor tenants' works
Procure landlords' works
Section 18 valuation advice

Landlords' Services

As landlords it is important to manage your building stock and maintain your long term investment value.

The services we offer to assist landlords include:

Strategic advice
Preparation of schedules of dilapidations – interim, end of lease and repair notices
Negotiate settlements
Break clause advice
Monitor tenants' works
Procure landlords' works
Section 18 valuation advice

For more information on dilapidations please click on the links below: -

http://www.rics.org/Global/RICS-Dilapidations-consumer-guide.pdf

https://www.justice.gov.uk/courts/procedure-rules/civil/protocol/pre-action-protocol-for-claims-for-damages-in-relation-to-the-physical-state-of-commercial-property-at-termination-of-a-tenancy-the-dilapidations-protocol