- Category: Condition & Repairs
These are surprisingly not understood and applied as much as they should do, with people not realising the potential of these.
Often known as Schedules of Condition with more commercial properties, or Inventories with residential ones, they’re basically a document logging the condition of the property before a tenant takes a new lease there.
Often full of pretty pictures, they describe just how good or bad the condition of the property is and what repairs already exist – the idea being that the tenant is not responsible for those that already exist, but only those that appear afterwards as the property’s condition deteriorates.
It does make sense really, particularly when standard repair clauses in leases can make a tenant liable for...Write comment (0 Comments)